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): August 10, 2023
ECB BANCORP, INC.
(Exact Name of Registrant as Specified in Its Charter)
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Maryland
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001-41456
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88-1502079
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(State or Other Jurisdiction
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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419 Broadway, Everett, Massachusetts 02149
(Address of principal executive offices) (Zip Code)
(617) 387-1110
(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:
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Title of each class
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Trading symbol(s)
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Name of each exchange on which registered
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Common Stock, par value $0.01 per share
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ECBK
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The Nasdaq Stock Market LLC
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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 8.01 Other Events.
On August 10, 2023, ECB Bancorp, Inc. (the “Company”), the holding company for Everett Co-operative Bank, issued a press release announcing
that the Company’s Board of Directors has authorized a program to repurchase up to 458,762 shares of the Company’s outstanding common stock, which equals approximately 5.0% of shares currently outstanding.
Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordance with
Rule 10b5-1 of the Securities and Exchange Commission.
For additional information, refer to the press release dated August 10, 2023, which is filed as an exhibit hereto and incorporated herein
by reference.
Item 9.01 Financial Statements and Exhibits.
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99.1 |
Press Release dated August 10, 2023
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document)
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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.
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ECB BANCORP, INC.
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Date: August 10, 2023
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By:
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/s/ Richard J. O’Neil, Jr.
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Richard J. O’Neil, Jr.
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President and Chief Executive Officer
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