Welcome to our dedicated page for Gouverneur Bancorp SEC filings (Ticker: GOVB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Gouverneur Bancorp, Inc. (GOVB) SEC filings page on Stock Titan provides access to the Company’s regulatory documents, including proxy statements, current reports and other submissions made as the Maryland holding company for Gouverneur Savings and Loan Association. These filings offer detailed insight into the Company’s governance, executive arrangements, financial reporting and shareholder matters.
Key documents include the Definitive Proxy Statement (DEF 14A), which describes the annual meeting of stockholders, director elections, the ratification of the independent registered public accounting firm and voting procedures. The proxy statement explains who can vote, how to vote by proxy, quorum requirements, the treatment of broker non-votes and limitations on voting for shareholders who beneficially own more than a specified percentage of outstanding shares, unless approved by disinterested directors. It also outlines aspects of the Company’s corporate governance policies.
Current reports on Form 8-K disclose material events. For example, an 8-K filed in connection with an earnings press release reports that the Company issued a release announcing financial results for a completed quarter and fiscal year. Another 8-K describes change in control agreements entered into with certain executives, summarizing the conditions under which severance payments and continued benefits may be provided following an involuntary termination without cause or a resignation for good reason in connection with a change in control of the Bank or the Company. The filing also notes provisions addressing potential excise taxes under Section 280G of the Internal Revenue Code.
Through Stock Titan, users can review these SEC filings alongside AI-powered summaries that highlight the main points of each document, such as governance changes, executive compensation arrangements, and links between earnings announcements and formal reports. Real-time updates from EDGAR help ensure that new DEF 14A, 8-K, 10-K, 10-Q and Form 4 submissions for GOVB are reflected promptly, while AI-generated explanations aim to clarify complex legal and financial language for a broader audience.
Gouverneur Bancorp, Inc. reported stronger results for the quarter and six months ended March 31, 2026. Quarterly net income rose to $217,000, or $0.21 per share, from $118,000, or $0.11, a year earlier. Six‑month net income increased to $504,000, or $0.49 per share, from $278,000, or $0.27.
Total assets were $198.3 million, deposits were $160.0 million, and shareholders’ equity was $32.7 million at March 31, 2026. Net interest margin improved to 4.22% for the quarter and 4.14% for the six months. Deposits grew while Federal Home Loan Bank advances declined significantly.
Gouverneur Bancorp director Amy Marie Rapholz exercised stock options to acquire 200 shares of Common Stock at $12.20 per share. The options, granted under the 2025 Equity Incentive Plan, were exercised on a derivative position that fully converted into common shares.
Following the exercise on March 9, 2026, she held 1,186 shares of Common Stock directly and 991 shares indirectly by Stock Award. Plan-related footnotes state that both Stock Options and Stock Awards vest in approximately five equal annual installments commencing on February 11, 2026.
Gouverneur Bancorp, Inc. director Duane Milton Pelkey reported an award of stock options on common shares. He acquired 2,708 stock options described as a right to buy the company’s stock, reported at $0.0000 per share in the Form 4.
These options were granted under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan and vest in five approximately annual installments starting on March 2, 2027. Pelkey also reported indirect ownership of 6,000 common shares held through an IRA.
Gouverneur Bancorp President and CEO Stephen Michael Jefferies reported new equity awards. He received stock options for 10,000 shares of common stock at an exercise price of $0.00 per share and a stock award of 4,000 common shares.
Both the stock options and stock award were granted under the company’s 2025 Equity Incentive Plan and will vest in five equal annual installments starting on March 2, 2027. After these grants, he holds 10,000 options directly and 4,000 common shares indirectly by stock award.
Gouverneur Bancorp, Inc. director John Neil Mason reported acquiring shares of the company through an option exercise. He exercised a Stock Option (right to buy) for 542 shares on February 24, 2026, classified as an exercise or conversion of a derivative security.
Following this, he held 2,170 stock options and 3,789 shares of Common Stock directly, with the 542-share exercise priced at $12.20 per share. He also reported 992 shares of Common Stock held indirectly "By Stock Award." Footnotes note that Stock Awards and Stock Options granted under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan vest in approximately five equal annual installments commencing on February 11, 2026.
Gouverneur Bancorp director Chad Brian Soper exercised stock options to acquire additional common shares. On February 17, 2026, he exercised a stock option for 542 shares at a price of $12.20 per share, increasing his directly held common stock to 4,443 shares.
Following the transaction, he also held 2,170 stock options directly. In addition, 992 common shares were held indirectly by Stock Award. Both stock awards and stock options under the 2025 Equity Incentive Plan vest in five approximately equal annual installments beginning on February 11, 2026.
Minerva Advisors LLC and related entities report a significant passive stake in Gouverneur Bancorp, Inc. They disclose beneficial ownership of 78,421 shares of common stock, or 7.5% of the company, as of an event dated 12/31/2025.
Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen are each deemed beneficial owners of 60,021 shares, representing 5.7% of the outstanding stock held through Minerva Group, LP. Minerva Advisors LLC and David P. Cohen also have shared voting and dispositive power over an additional 18,400 shares.
The percentages are based on 1,050,546 shares of common stock outstanding as of December 25, 2025, as reported in the issuer’s Form 10-Q for the period ended September 30, 2025. The reporting persons certify that the securities are not held for the purpose of changing or influencing control of Gouverneur Bancorp, other than in connection with a nomination under Rule 14a-11.
Gouverneur Bancorp, Inc. reported stronger results for the quarter ended December 31, 2025. Net income rose to $287,000 from $160,000 a year earlier, with basic and diluted earnings per share increasing to $0.28 from $0.15.
Net interest income improved to $1.83 million from $1.77 million, while total non-interest income increased to $345,000 from $244,000, helped by a $103,000 gain on a life insurance death benefit. Non-interest expenses were relatively stable at $1.85 million.
Total assets grew to $201.9 million from $198.5 million at September 30, 2025, driven by loans receivable of $134.4 million and securities available-for-sale of $42.8 million. Total deposits increased to $158.5 million. Comprehensive income reached $599,000, reflecting improved unrealized gains on securities and post-retirement items.
Capital ratios remained very strong, with the Bank’s total capital ratio at 25.5% and Tier 1 leverage ratio at 13.9%, well above “well-capitalized” thresholds. The company paid a semi-annual cash dividend of $0.09 per share, totaling $94,000.
Gouverneur Bancorp, Inc. held its annual stockholder meeting on February 9, 2026. Stockholders elected three directors: Henry J. Leader received 464,018 votes for and 16,834 withheld; Duane M. Pelkey received 463,616 for and 17,236 withheld; and Chad B. Soper received 450,305 for and 30,547 withheld, with 279,606 broker non-votes on this proposal.
Stockholders also voted on another proposal, which received 733,379 votes for, 22,231 against, and 4,848 abstentions, with no broker non-votes. These results show that all management proposals on the agenda were approved by substantial majorities.
Gouverneur Bancorp, Inc. director Duane Milton Pelkey bought 1,000 shares of common stock in an open-market transaction at $17.3466 per share on February 11, 2026. The shares are held indirectly through an IRA, bringing his indirectly owned stake to 6,000 shares.