0001558370-24-000044.txt : 20240104 0001558370-24-000044.hdr.sgml : 20240104 20240104090024 ACCESSION NUMBER: 0001558370-24-000044 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240103 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240104 DATE AS OF CHANGE: 20240104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Esquire Financial Holdings, Inc. CENTRAL INDEX KEY: 0001531031 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38131 FILM NUMBER: 24509876 BUSINESS ADDRESS: STREET 1: 100 JERICHO QUADRANGLE STREET 2: SUITE 100 CITY: JERICHO STATE: NY ZIP: 11753 BUSINESS PHONE: (800) 996-0213 MAIL ADDRESS: STREET 1: 100 JERICHO QUADRANGLE STREET 2: SUITE 100 CITY: JERICHO STATE: NY ZIP: 11753 8-K 1 esq-20240103x8k.htm 8-K
0001531031false00015310312024-01-032024-01-03

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): January 3, 2024

Esquire Financial Holdings, Inc.

(Exact name of the registrant as specified in its charter)

-

Maryland

001-38131

27-5107901

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(IRS Employer

Identification No.)

100 Jericho Quadrangle, Suite 100

Jericho, New York

11753

(Address of principal executive offices)

(Zip Code)

(516) 535-2002

(Registrant’s telephone number)

N/A

(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 Instruction 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-4c)

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, $0.01 par value

 

ESQ

 

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

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 5.02

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

(d) Election of Directors.

On January 4, 2024, Esquire Financial Holdings, Inc. (the “Company”), a Maryland corporation and its wholly owned subsidiary, Esquire Bank, National Association (the “Bank”), announced that Rena Nigam has been appointed to the Board of Directors of the Company and the Bank, effective January 3, 2024.

Ms. Nigam has 25 years of experience in high growth global ventures as an executive, entrepreneur, and investor across publicly traded and private companies. She started her career with an international bank’s payment division and then shifted to a financial services focused technology company. In 2011, she co-founded a company focused on digital payments and lending products in the technology space. In 2018, she was president of a digital transformation company. Ms. Nigam is currently Founder and Chief Executive Officer of Meytier – a company that utilizes AI to enable and assist in the talent assessment and hiring process of potential employment candidates for over 60 companies across multiple sectors.

As of the date of this filing, Ms. Nigam’s committee appointments have not yet been finalized.

There are no arrangements or understandings between Ms. Nigam and any other persons pursuant to which she was selected as a director. There are no family relationships between Ms. Nigam and any director, executive officer or any person nominated or chosen by the Company to become a director or executive officer. No information is required to be disclosed with respect to Ms. Nigam pursuant to Item 404(a) of Regulation S-K.

A copy of the press release dated January 4, 2024, announcing the appointment of Ms. Nigam as a director is attached as Exhibit 99.1.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press release issued by the Company on January 4, 2024, announcing the appointment of Ms. Nigam as a director.

104

Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

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.

ESQUIRE FINANCIAL HOLDINGS, INC.

Dated:  January 4, 2024

By:/s/ Andrew C. Sagliocca

Andrew C. Sagliocca

Vice Chairman, Chief Executive Officer and President

EX-99.1 2 esq-20240103xex99d1.htm EX-99.1 EFHI - BEB Partnership Press Release - DRAFT - 06 01 2022 (00408078.DOCX;1)

Exhibit 99.1

Graphic

ESQUIRE FINANCIAL HOLDINGS, INC. APPOINTS RENA NIGAM AS BOARD MEMBER

Jericho, NY – January 4, 2024 - Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the “Company”), the financial holding company for Esquire Bank, National Association (the “Bank”), today announced that Rena Nigam was appointed to the Boards of Directors of both the Company and the Bank, effective January 3, 2024.

Ms. Nigam has 25 years of experience in high growth global ventures as an executive, entrepreneur, and investor across publicly traded and private companies.  She started her career with an international bank’s payment division and then shifted to a financial services focused technology company.  In 2011, she co-founded a company focused on digital payments and lending products in the technology space.  In 2018, she was president of a digital transformation company.  Ms. Nigam is currently Founder and Chief Executive Officer of Meytier – a company that utilizes AI to enable and assist in the talent assessment and hiring process of potential employment candidates for over 60 companies across multiple sectors.

“Ms. Nigam’s entrepreneurial spirit and extensive experience in similar lines of business and technology deployed by our Company makes her an ideal addition to our Board of Directors,” stated Tony Coelho, Chairman of the Board.

“I am honored to join the board of a forward thinking financial institution that provides high quality services enabled by innovative technology,” said Rena Nigam, Board Member.

About Esquire Financial Holdings, Inc.

Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly owned subsidiary, Esquire Bank, National Association, is a full-service commercial bank dedicated to serving the financial needs of the legal industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The Bank offers tailored products and solutions to the legal community and their clients as well as dynamic and flexible payment processing solutions to small business owners. For more information, visit www.esquirebank.com.

Contact Information:

Eric S. Bader

Executive Vice President and Chief Operating Officer

Esquire Financial Holdings, Inc.

(516) 535-2002 / eric.bader@esqbank.com


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Document and Entity Information
Jan. 03, 2024
Document and Entity Information [Abstract]  
Document Type 8-K
Document Period End Date Jan. 03, 2024
Entity File Number 001-38131
Entity Registrant Name Esquire Financial Holdings, Inc.
Entity Incorporation, State or Country Code MD
Entity Tax Identification Number 27-5107901
Entity Address, Address Line One 100 Jericho Quadrangle
Entity Address, Adress Line Two Suite 100
Entity Address, City or Town Jericho
Entity Address, State or Province NY
Entity Address, Postal Zip Code 11753
City Area Code 516
Local Phone Number 535-2002
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.01 par value
Trading Symbol ESQ
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0001531031
Amendment Flag false
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