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NorthEast Community Bancorp (NECB) appoints Lynette Bennett after Linda Swan retires

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

Rhea-AI Filing Summary

NorthEast Community Bancorp, Inc. reported a change in its board of directors. On January 20, 2026, director Linda M. Swan retired from the boards of both the company and its subsidiary, NorthEast Community Bank. The company stated that her retirement was not due to any disagreement regarding operations, policies, or practices.

On January 22, 2026, the boards of the company and the bank appointed Lynette Bennett as a director to fill the vacancy created by Ms. Swan’s retirement. Ms. Bennett was not appointed to any board committee in connection with this appointment. The company noted there are no arrangements or understandings with any person under which she was selected and that there have been no transactions involving her requiring disclosure under Item 404(a) of Regulation S-K.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): January 20, 2026

 

NORTHEAST COMMUNITY BANCORP, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Maryland 001-40589 86-3173858
(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)

 

325 Hamilton Avenue, White Plains, New York 10601

(Address of principal executive offices) (Zip Code)

 

(914) 684-2500

(Registrant’s 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:

 

¨ 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, par value $0.01 per share NECB 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company x

 

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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

  

(b)           On January 20, 2026, Linda M. Swan notified NorthEast Community Bancorp, Inc. (the “Company”) and NorthEast Community Bank (the “Bank”) that she will be retiring as a director of the Company and the Bank effective as of January 20, 2026. Ms. Swan’s retirement was not the result of any disagreement with the Company or the Bank regarding the operations, policies or practices of the Company or the Bank.

 

(d)           On January 22, 2026, the Board of Directors of the Company and the Bank appointed Lynette Bennett to serve as a director of the Company and the Bank. Ms. Bennett was appointed to fill the vacancy on the Board of Directors of the Company and the Bank resulting from the retirement of Ms. Swan.

 

Ms. Bennett was not appointed to serve on any committee of the Board of Directors of the Company in connection with her appointment as a director. There are no arrangements or understandings with any person pursuant to which Ms. Bennett has been selected to serve as a director of the Company and the Bank, and there have been no transactions directly or indirectly involving Ms. Bennett that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K of the Securities and Exchange Commission.

 

Item 9.01Financial Statements and Other Exhibits.

 

(d)  Exhibits
   
 NumberDescription
   
104Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

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 thereunto duly authorized.

 

  NORTHEAST COMMUNITY BANCORP, INC.
   
Date: January 26, 2026 By: /s/ Kenneth A. Martinek
    Kenneth A. Martinek
    Chairman and Chief Executive Officer

 

 

 

FAQ

What board changes did NorthEast Community Bancorp (NECB) disclose?

NorthEast Community Bancorp disclosed that Linda M. Swan retired as a director of both the company and NorthEast Community Bank, and that Lynette Bennett was appointed as a director to fill the resulting vacancy.

Why did Linda M. Swan retire from the NECB board?

The company stated that Ms. Swan’s retirement was not the result of any disagreement with NorthEast Community Bancorp or NorthEast Community Bank regarding their operations, policies, or practices.

Who is replacing Linda M. Swan on the NorthEast Community Bancorp board?

Lynette Bennett was appointed by the boards of NorthEast Community Bancorp and NorthEast Community Bank to serve as a director, filling the vacancy created by Ms. Swan’s retirement.

Was Lynette Bennett appointed to any NECB board committees?

No. The filing states that Ms. Bennett was not appointed to serve on any committee of the company’s board of directors in connection with her appointment as a director.

Were there any special arrangements for Lynette Bennett’s appointment to NECB’s board?

The company reported that there are no arrangements or understandings with any person pursuant to which Ms. Bennett was selected to serve as a director.

Does NECB report any related-party transactions involving Lynette Bennett?

The company stated there have been no transactions directly or indirectly involving Ms. Bennett that would need to be disclosed under Item 404(a) of Regulation S-K.

Northeast Cmnty Bancorp Inc

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