STOCK TITAN

[8-K] MainStreet Bancshares, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

MainStreet Bancshares, Inc. authorized a new stock repurchase program to repurchase up to $10.0 million of its outstanding common stock. The program replaces and supersedes the plan first announced on May 19, 2022.

Management will determine the timing, number, and price of any repurchases at its discretion based on factors such as share price, market conditions, and legal requirements, and there is no assurance that any stock will be purchased. Repurchases may occur on the open market, through privately negotiated transactions, or by other methods permitted by law. The company currently anticipates the program will extend over an 18‑month time frame, and it may be extended, modified, suspended, or discontinued at any time, or conclude earlier if the authorized amount is completed.

MainStreet Bancshares, Inc. ha autorizzato un nuovo programma di riacquisto di azioni per riacquistare fino a $10.0 million di azioni ordinarie in circolazione. Il programma sostituisce e sostituisce il piano annunciato per la prima volta il 19 maggio 2022.

La direzione determinerà il tempismo, il numero e il prezzo di qualsiasi riacquisto a propria discrezione, basandosi su fattori come il prezzo delle azioni, le condizioni di mercato e i requisiti legali, e non esiste alcuna garanzia che vengano acquistate azioni. I riacquisti possono avvenire sul mercato aperto, tramite transazioni negoziate privatamente o con altri metodi consentiti dalla legge. Attualmente l’azienda prevede che il programma si estenda su un periodo di 18‑months, e può essere esteso, modificato, sospeso o interrotto in qualsiasi momento, o concluso prima se l’importo autorizzato viene completato.

MainStreet Bancshares, Inc. autorizó un nuevo programa de recompra de acciones para recomprar hasta $10.0 millones de sus acciones ordinarias en circulación. El programa reemplaza y sustituye al plan anunciado por primera vez el 19 de mayo de 2022.

La dirección determinará el momento, el número y el precio de cualquier recompra a su discreción basándose en factores como el precio de las acciones, las condiciones del mercado y los requisitos legales, y no hay garantía de que se compren acciones. Las recompras pueden realizarse en el mercado abierto, mediante transacciones privadas negociadas o por otros métodos permitidos por la ley. Actualmente la empresa anticipa que el programa se extenderá por un periodo de 18 meses, y puede ser ampliado, modificado, suspendido o discontinuado en cualquier momento, o terminar antes si se completa la cantidad autorizada.

MainStreet Bancshares, Inc.는 발행 주식의 최대 $10.0 million에 달하는 신규 주식 환매 프로그램을 승인했습니다. 이 계획은 2022년 5월 19일에 처음 발표된 계획을 대체하고 상회합니다.

경영진은 주가, 시장 상황, 법적 요건과 같은 요인을 바탕으로 환매의 시기, 수량 및 가격을 재량에 따라 결정하며, 어떤 주식이 매입된다는 보장은 없습니다. 환매는 공개시장, 사전 협의된 거래를 통한 거래, 또는 법으로 허용된 다른 방법으로 이루어질 수 있습니다. 현재 회사는 이 프로그램이 18개월 기간에 걸쳐 확장될 것으로 예상하며, 필요시 연장, 수정, 중단 또는 종료되거나, 인가된 금액이 완료되면 조기에 종료될 수 있습니다.

MainStreet Bancshares, Inc. a autorisé un nouveau programme de rachat d’actions pour racheter jusqu’à 10,0 millions de dollars de ses actions ordinaires en circulation. Le programme remplace et remplace le plan annoncé pour la première fois le 19 mai 2022.

La direction déterminera le calendrier, le nombre et le prix de tout rachat à sa discrétion en se fondant sur des facteurs tels que le cours de l’action, les conditions du marché et les exigences légales, et il n’y a aucune garantie que des actions seront achetées. Les rachats peuvent avoir lieu sur le marché libre, par le biais de transactions négociées privées, ou par d’autres méthodes autorisées par la loi. Actuellement, l’entreprise prévoit que le programme s’étendra sur une période de 18 mois, et il peut être prolongé, modifié, suspendu ou interrompu à tout moment, ou se terminer plus tôt si le montant autorisé est utilisé.

MainStreet Bancshares, Inc. hat ein neues Aktienrückkaufprogramm genehmigt, um bis zu 10,0 Millionen USD seiner ausstehenden Stammaktien zurückzukaufen. Das Programm ersetzt und überholt den Plan, der erstmals am 19. Mai 2022 angekündigt wurde.

Das Management wird Timing, Anzahl und Preis jeglicher Rückkäufe nach eigenem Ermessen basierend auf Faktoren wie Aktienkurs, Marktbedingungen und gesetzlichen Anforderungen festlegen, und es gibt keine Zusicherung, dass Aktien erworben werden. Rückkäufe können am freien Markt, durch privat verhandelte Transaktionen oder durch andere gesetzlich zulässige Methoden erfolgen. Das Unternehmen geht derzeit davon aus, dass das Programm sich über einen Zeitraum von 18 Monaten erstrecken wird, und es kann jederzeit verlängert, geändert, ausgesetzt oder beendet werden oder früher abgeschlossen werden, wenn der genehmigte Betrag erreicht ist.

MainStreet Bancshares, Inc. توافق على برنامج جديد لإعادة شراء الأسهم لإعادة شراء ما يصل إلى $10.0 مليون من أسهمها العادية القائمة. يبدل البرنامج الخطة التي أُعلن عنها لأول مرة في 19 مايو 2022 وتُحِل محلها.

ستحدد الإدارة توقيت وعدد وسعر أي عملية إعادة شراء وفقاً لتقديرها بناءً على عوامل مثل سعر السهم وظروف السوق والمتطلبات القانونية، ولا يوجد ضمان بأن يتم شراء أسهم. قد تتم عمليات إعادة الشراء في السوق المفتوح، أو من خلال معاملات تفاوضية خاصة، أو بطرق أخرى يسمح بها القانون. وتتوقع الشركة حالياً أن يمتد البرنامج على مدى 18 شهراً، ويمكن تمديده أو تعديله أو تعليقه أو إيقافه في أي وقت، أو إنهاؤه مبكراً إذا اكتمل المبلغ المخول.

MainStreet Bancshares, Inc. 已授权一项新的股票回购计划,以回购其已发行在外的普通股最多 10,000,000美元。该计划取代并取代于 2022 年 5 月 19 日首次宣布的计划。

管理层将基于股价、市场状况和法律要求等因素,在自行裁量下决定任何回购的时机、数量和价格,并且不保证会购买任何股票。回购可以在公开市场进行、通过私下协商交易,或通过法律允许的其他方式进行。公司目前预计该计划将在<18 个月的时间框架内进行,并且可以在任何时候延长、修改、暂停或中止,或者如果授权金额已完成则提前结束。

Positive
  • None.
Negative
  • None.

Insights

$10.0M buyback authorized; execution discretionary and conditional.

MainStreet Bancshares approved a share repurchase authorization of up to $10.0 million, replacing the May 19, 2022 program. Authorizations signal intent to return capital but do not obligate purchases.

Execution depends on management’s discretion, market pricing, economic conditions, and legal constraints, with no assurance of any repurchases. Methods include open‑market and privately negotiated transactions, which can influence average purchase price and pacing.

The company anticipates an 18‑month window, but the plan can be extended, modified, suspended, discontinued, or completed earlier. Actual impact on share count and capital ratios will depend on future execution.

MainStreet Bancshares, Inc. ha autorizzato un nuovo programma di riacquisto di azioni per riacquistare fino a $10.0 million di azioni ordinarie in circolazione. Il programma sostituisce e sostituisce il piano annunciato per la prima volta il 19 maggio 2022.

La direzione determinerà il tempismo, il numero e il prezzo di qualsiasi riacquisto a propria discrezione, basandosi su fattori come il prezzo delle azioni, le condizioni di mercato e i requisiti legali, e non esiste alcuna garanzia che vengano acquistate azioni. I riacquisti possono avvenire sul mercato aperto, tramite transazioni negoziate privatamente o con altri metodi consentiti dalla legge. Attualmente l’azienda prevede che il programma si estenda su un periodo di 18‑months, e può essere esteso, modificato, sospeso o interrotto in qualsiasi momento, o concluso prima se l’importo autorizzato viene completato.

MainStreet Bancshares, Inc. autorizó un nuevo programa de recompra de acciones para recomprar hasta $10.0 millones de sus acciones ordinarias en circulación. El programa reemplaza y sustituye al plan anunciado por primera vez el 19 de mayo de 2022.

La dirección determinará el momento, el número y el precio de cualquier recompra a su discreción basándose en factores como el precio de las acciones, las condiciones del mercado y los requisitos legales, y no hay garantía de que se compren acciones. Las recompras pueden realizarse en el mercado abierto, mediante transacciones privadas negociadas o por otros métodos permitidos por la ley. Actualmente la empresa anticipa que el programa se extenderá por un periodo de 18 meses, y puede ser ampliado, modificado, suspendido o discontinuado en cualquier momento, o terminar antes si se completa la cantidad autorizada.

MainStreet Bancshares, Inc.는 발행 주식의 최대 $10.0 million에 달하는 신규 주식 환매 프로그램을 승인했습니다. 이 계획은 2022년 5월 19일에 처음 발표된 계획을 대체하고 상회합니다.

경영진은 주가, 시장 상황, 법적 요건과 같은 요인을 바탕으로 환매의 시기, 수량 및 가격을 재량에 따라 결정하며, 어떤 주식이 매입된다는 보장은 없습니다. 환매는 공개시장, 사전 협의된 거래를 통한 거래, 또는 법으로 허용된 다른 방법으로 이루어질 수 있습니다. 현재 회사는 이 프로그램이 18개월 기간에 걸쳐 확장될 것으로 예상하며, 필요시 연장, 수정, 중단 또는 종료되거나, 인가된 금액이 완료되면 조기에 종료될 수 있습니다.

MainStreet Bancshares, Inc. a autorisé un nouveau programme de rachat d’actions pour racheter jusqu’à 10,0 millions de dollars de ses actions ordinaires en circulation. Le programme remplace et remplace le plan annoncé pour la première fois le 19 mai 2022.

La direction déterminera le calendrier, le nombre et le prix de tout rachat à sa discrétion en se fondant sur des facteurs tels que le cours de l’action, les conditions du marché et les exigences légales, et il n’y a aucune garantie que des actions seront achetées. Les rachats peuvent avoir lieu sur le marché libre, par le biais de transactions négociées privées, ou par d’autres méthodes autorisées par la loi. Actuellement, l’entreprise prévoit que le programme s’étendra sur une période de 18 mois, et il peut être prolongé, modifié, suspendu ou interrompu à tout moment, ou se terminer plus tôt si le montant autorisé est utilisé.

MainStreet Bancshares, Inc. hat ein neues Aktienrückkaufprogramm genehmigt, um bis zu 10,0 Millionen USD seiner ausstehenden Stammaktien zurückzukaufen. Das Programm ersetzt und überholt den Plan, der erstmals am 19. Mai 2022 angekündigt wurde.

Das Management wird Timing, Anzahl und Preis jeglicher Rückkäufe nach eigenem Ermessen basierend auf Faktoren wie Aktienkurs, Marktbedingungen und gesetzlichen Anforderungen festlegen, und es gibt keine Zusicherung, dass Aktien erworben werden. Rückkäufe können am freien Markt, durch privat verhandelte Transaktionen oder durch andere gesetzlich zulässige Methoden erfolgen. Das Unternehmen geht derzeit davon aus, dass das Programm sich über einen Zeitraum von 18 Monaten erstrecken wird, und es kann jederzeit verlängert, geändert, ausgesetzt oder beendet werden oder früher abgeschlossen werden, wenn der genehmigte Betrag erreicht ist.

false 0001693577 0001693577 2025-10-16 2025-10-16 0001693577 mnsb:CommonStockCustomMember 2025-10-16 2025-10-16 0001693577 mnsb:DepositarySharesCustomMember 2025-10-16 2025-10-16
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): October 16, 2025
 
MainStreet Bancshares, Inc.
(Exact name of Registrant as Specified in Its Charter)
 
 
 
Virginia
001-38817
81-2871064
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
     
10089 Fairfax Boulevard, Fairfax, VA
 
22030
(Address of Principal Executive Offices)
 
(Zip Code)
 
(703) 481-4567
(Registrants Telephone Number, Including Area Code)
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
 
         Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
         Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
         Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
         Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading
Symbol(s)
 
Name of each exchange on which registered
Common Stock
 
MNSB
 
The Nasdaq Stock Market LLC
Depositary Shares (each representing a 1/40th
interest in a share of 7.50% Series A Fixed-Rate
Non-Cumulative Perpetual Preferred Stock)
 
MNSBP
 
The Nasdaq Stock Market LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
 
Emerging growth company  
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 

 
Item 8.01 Other Events.
 
On October 16, 2025, the Board of Directors of MainStreet Bancshares, Inc. authorized a new stock repurchase program (the "New Stock Repurchase Program") to repurchase up to $10.0 million of the Company’s outstanding common stock. This New Stock Repurchase Program will replace and supersede the Company's existing stock repurchase program which was originally announced on May 19, 2022. The timing, number and purchase price of stock repurchased under the New Stock Repurchase Program will be determined by management at its discretion and will depend on a number of factors, including the market price of the shares, general market and economic conditions, applicable legal requirements and other conditions, and there is no assurance that the Company will purchase any stock under the program. Stock repurchases under the New Stock Repurchase Program will be made from time to time, on the open market, in privately negotiated transactions or in such other manner as will comply with applicable law and regulations, at the discretion of Company management. The Company currently anticipates that the New Stock Repurchase Program will extend over an 18-month time frame, or earlier if the shares have been repurchased. The New Stock Repurchase Program may be extended, modified, suspended, or discontinued at any time. 
 
 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
MAINSTREET BANCSHARES, INC
 
 
 
 
Date: October 21, 2025
 
By:
/s/ Thomas J. Chmelik
 
 
 
Name: Thomas J. Chmelik
 
 
 
Title: Chief Financial Officer
 
 

FAQ

What did MNSB announce regarding share repurchases?

MainStreet Bancshares authorized a new stock repurchase program to buy back up to $10.0 million of its common stock.

Does the new MNSB buyback replace a prior program?

Yes. It replaces and supersedes the program originally announced on May 19, 2022.

How long will the MNSB repurchase program run?

The company currently anticipates an 18‑month time frame, or earlier if the authorized shares have been repurchased.

Is MNSB obligated to repurchase shares under this program?

No. The filing states there is no assurance that the company will purchase any stock.

What methods can MNSB use to repurchase shares?

Repurchases may be made on the open market, in privately negotiated transactions, or by other methods permitted by law.

Who decides the timing and price of MNSB repurchases?

Company management will determine the timing, number, and purchase price at its discretion based on market and legal factors.
Mainstreet Bancshares Inc

NASDAQ:MNSB

MNSB Rankings

MNSB Latest News

MNSB Latest SEC Filings

MNSB Stock Data

142.87M
6.94M
9.56%
55.86%
3.27%
Banks - Regional
State Commercial Banks
Link
United States
FAIRFAX