AG真人官方

STOCK TITAN
  1. Home
  2. Sec-filings
  3. SFBC
  4. [8-K] Sound Financial Bancorp, Inc. Reports Material Event

[8-K] Sound Financial Bancorp, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

On 24 Jul 2025, 1st Source Corporation (NASDAQ: SRCE) filed an 8-K announcing a planned leadership succession effective 1 Oct 2025 under Item 5.02. Current Chairman & CEO Christopher J. Murphy III will step down from all CEO and board-chair roles at both the holding company and 1st Source Bank and become Executive Chairman. The Board promoted three internal executives:

  • Andrea G. Short to Chief Executive Officer of the Company (retaining her President title and CEO of the Bank) with an expected five-year employment agreement.
  • Kevin C. Murphy鈥擟hristopher III鈥檚 son鈥攖o President of the Bank while remaining Executive Vice President of the Company.
  • Brett A. Bauer to Executive Vice President, Chief Financial Officer & Treasurer of both the Company and the Bank.
No financial results, strategic shifts or other material transactions were disclosed. Each executive will execute amended employment agreements. The filing is strictly a governance update; no exhibits contain financial statements.

Il 24 luglio 2025, 1st Source Corporation (NASDAQ: SRCE) ha presentato un modulo 8-K annunciando una successione nella leadership prevista per il 1掳 ottobre 2025 ai sensi della voce 5.02. L'attuale Presidente e CEO Christopher J. Murphy III si dimetter脿 da tutti i ruoli di CEO e presidente del consiglio sia della holding che della 1st Source Bank, assumendo il ruolo di Presidente Esecutivo. Il Consiglio ha promosso tre dirigenti interni:

  • Andrea G. Short a Amministratore Delegato della Societ脿 (mantenendo il titolo di Presidente e CEO della Banca) con un contratto di lavoro previsto per cinque anni.
  • Kevin C. Murphy, figlio di Christopher III, a Presidente della Banca, mantenendo il ruolo di Vicepresidente Esecutivo della Societ脿.
  • Brett A. Bauer a Vicepresidente Esecutivo, Direttore Finanziario e Tesoriere sia della Societ脿 che della Banca.
Non sono stati divulgati risultati finanziari, cambiamenti strategici o altre operazioni rilevanti. Ogni dirigente firmer脿 contratti di lavoro modificati. La comunicazione rappresenta esclusivamente un aggiornamento di governance; nessun allegato contiene bilanci finanziari.

El 24 de julio de 2025, 1st Source Corporation (NASDAQ: SRCE) present贸 un formulario 8-K anunciando una sucesi贸n planificada en el liderazgo efectiva a partir del 1 de octubre de 2025 bajo el punto 5.02. El actual Presidente y CEO, Christopher J. Murphy III, renunciar谩 a todos los cargos de CEO y presidente de la junta tanto de la compa帽铆a matriz como de 1st Source Bank y asumir谩 el puesto de Presidente Ejecutivo. La Junta promovi贸 a tres ejecutivos internos:

  • Andrea G. Short como Directora Ejecutiva de la Compa帽铆a (manteniendo su t铆tulo de Presidenta y CEO del Banco) con un contrato laboral previsto por cinco a帽os.
  • Kevin C. Murphy, hijo de Christopher III, como Presidente del Banco, manteniendo su cargo de Vicepresidente Ejecutivo de la Compa帽铆a.
  • Brett A. Bauer como Vicepresidente Ejecutivo, Director Financiero y Tesorero tanto de la Compa帽铆a como del Banco.
No se divulgaron resultados financieros, cambios estrat茅gicos ni otras transacciones relevantes. Cada ejecutivo firmar谩 contratos laborales modificados. La presentaci贸n es estrictamente una actualizaci贸n de gobernanza; ning煤n anexo incluye estados financieros.

2025雲� 7鞗� 24鞚�, 1st Source Corporation(NASDAQ: SRCE)電� 2025雲� 10鞗� 1鞚茧秬搿� 鞓堨爼霅� 毽崝鞁� 鞀龟硠毳� 頃 5.02鞐� 霐半澕 8-K 氤搓碃靹滊 氚滍憸頄堨姷雼堧嫟. 順� 須岇灔 瓴� CEO鞚� Christopher J. Murphy III電� 歆�欤柬殞靷檧 1st Source Bank鞐愳劀 氇摖 CEO 氚� 鞚挫偓須� 鞚橃灔 歆侅潉 靷瀯頃橁碃 歆戫枆 鞚橃灔(Executive Chairman)鞙茧 鞛勲獏霅╇媹雼�. 鞚挫偓須岆姅 雮措秬 鞛勳洂 靹� 氇呾潉 鞀轨鞁滌及鞀惦媹雼�:

  • Andrea G. Short電� 須岇偓鞚� 斓滉碃瓴届榿鞛�(CEO)搿� 鞀轨頃橂┌, 鞚�頄夓潣 靷灔 氚� CEO 歆侂弰 鞙犾頃橂┌ 5雲� 瓿勳暯鞚� 鞓堨儊霅╇媹雼�.
  • Kevin C. Murphy電� Christopher III鞚� 鞎勲摛搿滌劀 鞚�頄� 靷灔鞙茧 鞛勲獏霅橂┌, 須岇偓鞚� 歆戫枆 攵�靷灔 歆侂弰 鞙犾頃╇媹雼�.
  • Brett A. Bauer電� 須岇偓鞕� 鞚�頄夓潣 歆戫枆 攵�靷灔, 斓滉碃鞛毂呾瀯鞛�(CFO) 氚� 鞛雼措嫻 鞚挫偓搿� 鞀轨頄堨姷雼堧嫟.
鞛 鞁れ爜, 鞝勲灥鞝� 氤�頇� 霕愲姅 旮绊儉 欷戩殧頃� 瓯半灅電� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�. 臧� 鞛勳洂鞚� 靾橃爼霅� 瓿犾毄 瓿勳暯靹滌棎 靹滊獏頃� 鞓堨爼鞛呺媹雼�. 鞚措矆 氤搓碃電� 鞐勱博頌� 瓯半矂雱岇姢 鞐呺嵃鞚错姼鞚措┌, 鞛鞝滍憸臧� 韽暔霅� 攵�靻� 氍胳劀電� 鞐嗢姷雼堧嫟.

Le 24 juillet 2025, 1st Source Corporation (NASDAQ : SRCE) a d茅pos茅 un formulaire 8-K annon莽ant une succession pr茅vue 脿 la direction effective au 1er octobre 2025 conform茅ment 脿 l'article 5.02. L'actuel pr茅sident et PDG Christopher J. Murphy III quittera tous ses r么les de PDG et de pr茅sident du conseil d'administration tant de la soci茅t茅 holding que de 1st Source Bank pour devenir Pr茅sident Ex茅cutif. Le conseil d'administration a promu trois cadres internes :

  • Andrea G. Short au poste de directrice g茅n茅rale de la soci茅t茅 (conservant son titre de pr茅sidente et PDG de la banque) avec un contrat de travail pr茅vu de cinq ans.
  • Kevin C. Murphy, fils de Christopher III, au poste de pr茅sident de la banque tout en restant vice-pr茅sident ex茅cutif de la soci茅t茅.
  • Brett A. Bauer au poste de vice-pr茅sident ex茅cutif, directeur financier et tr茅sorier de la soci茅t茅 et de la banque.
Aucun r茅sultat financier, changement strat茅gique ou autre transaction importante n鈥檃 茅t茅 divulgu茅. Chaque dirigeant signera des contrats de travail modifi茅s. Le d茅p么t constitue strictement une mise 脿 jour de la gouvernance ; aucun document annexe ne contient d鈥櫭﹖ats financiers.

Am 24. Juli 2025 reichte die 1st Source Corporation (NASDAQ: SRCE) ein 8-K ein und k眉ndigte eine geplante F眉hrungsnachfolge zum 1. Oktober 2025 gem盲脽 Punkt 5.02 an. Der derzeitige Vorsitzende und CEO Christopher J. Murphy III wird von allen CEO- und Vorstandsvorsitzenden-Positionen sowohl der Holdinggesellschaft als auch der 1st Source Bank zur眉cktreten und zum Executive Chairman ernannt. Der Vorstand bef枚rderte drei interne F眉hrungskr盲fte:

  • Andrea G. Short zur Chief Executive Officer des Unternehmens (beibehaltend ihre Pr盲sidentenfunktion und CEO der Bank) mit einem erwarteten f眉nfj盲hrigen Arbeitsvertrag.
  • Kevin C. Murphy, Sohn von Christopher III, zum Pr盲sidenten der Bank, w盲hrend er weiterhin Executive Vice President des Unternehmens bleibt.
  • Brett A. Bauer zum Executive Vice President, Chief Financial Officer & Treasurer sowohl der Gesellschaft als auch der Bank.
Es wurden keine Finanzergebnisse, strategischen 脛nderungen oder sonstigen wesentlichen Transaktionen ver枚ffentlicht. Jeder Executive wird ge盲nderte Arbeitsvertr盲ge unterzeichnen. Die Meldung ist ausschlie脽lich ein Governance-Update; keine Anh盲nge enthalten Finanzberichte.

Positive
  • Planned CEO succession announced well in advance, reducing operational uncertainty.
  • Internal promotions maintain strategic continuity and leverage existing expertise.
Negative
  • Familial appointment of Kevin Murphy may raise governance and nepotism concerns among investors.
  • No financial guidance accompanied the leadership changes, leaving impact on performance unclear.

Insights

TL;DR Orderly internal succession limits disruption, but family promotion heightens governance scrutiny; overall neutral investor impact.

The Board provided more than two months鈥� notice, signalling a well-planned transition that should sustain operational continuity. Promoting long-tenured executives like Andrea Short and Brett Bauer preserves institutional knowledge and avoids integration risk. However, elevating Kevin Murphy, the CEO鈥檚 son, to Bank President introduces perceived nepotism and may attract proxy-adviser questions about independence and meritocracy. Because Christopher III remains Executive Chairman, investors should monitor board dynamics and CEO autonomy. With no financial guidance or strategic change announced, the disclosure is governance-centric and likely neutral to near-term valuation.

TL;DR Succession keeps experienced bankers in key roles, supporting business continuity; modestly positive for stakeholder confidence.

Andrea Short has led the Bank and Company as President, so her elevation to CEO formalises existing responsibilities and should reassure clients and regulators. Brett Bauer鈥檚 promotion to EVP signals stability in finance leadership. Kevin Murphy鈥檚 broad IT and digital background aligns with sector-wide technology priorities, potentially enhancing competitive positioning. Absence of balance-sheet or earnings data means no direct effect on capital ratios or profitability models, yet the transparent hand-off reduces key-person risk鈥攁 slight positive for credit and equity holders.

Il 24 luglio 2025, 1st Source Corporation (NASDAQ: SRCE) ha presentato un modulo 8-K annunciando una successione nella leadership prevista per il 1掳 ottobre 2025 ai sensi della voce 5.02. L'attuale Presidente e CEO Christopher J. Murphy III si dimetter脿 da tutti i ruoli di CEO e presidente del consiglio sia della holding che della 1st Source Bank, assumendo il ruolo di Presidente Esecutivo. Il Consiglio ha promosso tre dirigenti interni:

  • Andrea G. Short a Amministratore Delegato della Societ脿 (mantenendo il titolo di Presidente e CEO della Banca) con un contratto di lavoro previsto per cinque anni.
  • Kevin C. Murphy, figlio di Christopher III, a Presidente della Banca, mantenendo il ruolo di Vicepresidente Esecutivo della Societ脿.
  • Brett A. Bauer a Vicepresidente Esecutivo, Direttore Finanziario e Tesoriere sia della Societ脿 che della Banca.
Non sono stati divulgati risultati finanziari, cambiamenti strategici o altre operazioni rilevanti. Ogni dirigente firmer脿 contratti di lavoro modificati. La comunicazione rappresenta esclusivamente un aggiornamento di governance; nessun allegato contiene bilanci finanziari.

El 24 de julio de 2025, 1st Source Corporation (NASDAQ: SRCE) present贸 un formulario 8-K anunciando una sucesi贸n planificada en el liderazgo efectiva a partir del 1 de octubre de 2025 bajo el punto 5.02. El actual Presidente y CEO, Christopher J. Murphy III, renunciar谩 a todos los cargos de CEO y presidente de la junta tanto de la compa帽铆a matriz como de 1st Source Bank y asumir谩 el puesto de Presidente Ejecutivo. La Junta promovi贸 a tres ejecutivos internos:

  • Andrea G. Short como Directora Ejecutiva de la Compa帽铆a (manteniendo su t铆tulo de Presidenta y CEO del Banco) con un contrato laboral previsto por cinco a帽os.
  • Kevin C. Murphy, hijo de Christopher III, como Presidente del Banco, manteniendo su cargo de Vicepresidente Ejecutivo de la Compa帽铆a.
  • Brett A. Bauer como Vicepresidente Ejecutivo, Director Financiero y Tesorero tanto de la Compa帽铆a como del Banco.
No se divulgaron resultados financieros, cambios estrat茅gicos ni otras transacciones relevantes. Cada ejecutivo firmar谩 contratos laborales modificados. La presentaci贸n es estrictamente una actualizaci贸n de gobernanza; ning煤n anexo incluye estados financieros.

2025雲� 7鞗� 24鞚�, 1st Source Corporation(NASDAQ: SRCE)電� 2025雲� 10鞗� 1鞚茧秬搿� 鞓堨爼霅� 毽崝鞁� 鞀龟硠毳� 頃 5.02鞐� 霐半澕 8-K 氤搓碃靹滊 氚滍憸頄堨姷雼堧嫟. 順� 須岇灔 瓴� CEO鞚� Christopher J. Murphy III電� 歆�欤柬殞靷檧 1st Source Bank鞐愳劀 氇摖 CEO 氚� 鞚挫偓須� 鞚橃灔 歆侅潉 靷瀯頃橁碃 歆戫枆 鞚橃灔(Executive Chairman)鞙茧 鞛勲獏霅╇媹雼�. 鞚挫偓須岆姅 雮措秬 鞛勳洂 靹� 氇呾潉 鞀轨鞁滌及鞀惦媹雼�:

  • Andrea G. Short電� 須岇偓鞚� 斓滉碃瓴届榿鞛�(CEO)搿� 鞀轨頃橂┌, 鞚�頄夓潣 靷灔 氚� CEO 歆侂弰 鞙犾頃橂┌ 5雲� 瓿勳暯鞚� 鞓堨儊霅╇媹雼�.
  • Kevin C. Murphy電� Christopher III鞚� 鞎勲摛搿滌劀 鞚�頄� 靷灔鞙茧 鞛勲獏霅橂┌, 須岇偓鞚� 歆戫枆 攵�靷灔 歆侂弰 鞙犾頃╇媹雼�.
  • Brett A. Bauer電� 須岇偓鞕� 鞚�頄夓潣 歆戫枆 攵�靷灔, 斓滉碃鞛毂呾瀯鞛�(CFO) 氚� 鞛雼措嫻 鞚挫偓搿� 鞀轨頄堨姷雼堧嫟.
鞛 鞁れ爜, 鞝勲灥鞝� 氤�頇� 霕愲姅 旮绊儉 欷戩殧頃� 瓯半灅電� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�. 臧� 鞛勳洂鞚� 靾橃爼霅� 瓿犾毄 瓿勳暯靹滌棎 靹滊獏頃� 鞓堨爼鞛呺媹雼�. 鞚措矆 氤搓碃電� 鞐勱博頌� 瓯半矂雱岇姢 鞐呺嵃鞚错姼鞚措┌, 鞛鞝滍憸臧� 韽暔霅� 攵�靻� 氍胳劀電� 鞐嗢姷雼堧嫟.

Le 24 juillet 2025, 1st Source Corporation (NASDAQ : SRCE) a d茅pos茅 un formulaire 8-K annon莽ant une succession pr茅vue 脿 la direction effective au 1er octobre 2025 conform茅ment 脿 l'article 5.02. L'actuel pr茅sident et PDG Christopher J. Murphy III quittera tous ses r么les de PDG et de pr茅sident du conseil d'administration tant de la soci茅t茅 holding que de 1st Source Bank pour devenir Pr茅sident Ex茅cutif. Le conseil d'administration a promu trois cadres internes :

  • Andrea G. Short au poste de directrice g茅n茅rale de la soci茅t茅 (conservant son titre de pr茅sidente et PDG de la banque) avec un contrat de travail pr茅vu de cinq ans.
  • Kevin C. Murphy, fils de Christopher III, au poste de pr茅sident de la banque tout en restant vice-pr茅sident ex茅cutif de la soci茅t茅.
  • Brett A. Bauer au poste de vice-pr茅sident ex茅cutif, directeur financier et tr茅sorier de la soci茅t茅 et de la banque.
Aucun r茅sultat financier, changement strat茅gique ou autre transaction importante n鈥檃 茅t茅 divulgu茅. Chaque dirigeant signera des contrats de travail modifi茅s. Le d茅p么t constitue strictement une mise 脿 jour de la gouvernance ; aucun document annexe ne contient d鈥櫭﹖ats financiers.

Am 24. Juli 2025 reichte die 1st Source Corporation (NASDAQ: SRCE) ein 8-K ein und k眉ndigte eine geplante F眉hrungsnachfolge zum 1. Oktober 2025 gem盲脽 Punkt 5.02 an. Der derzeitige Vorsitzende und CEO Christopher J. Murphy III wird von allen CEO- und Vorstandsvorsitzenden-Positionen sowohl der Holdinggesellschaft als auch der 1st Source Bank zur眉cktreten und zum Executive Chairman ernannt. Der Vorstand bef枚rderte drei interne F眉hrungskr盲fte:

  • Andrea G. Short zur Chief Executive Officer des Unternehmens (beibehaltend ihre Pr盲sidentenfunktion und CEO der Bank) mit einem erwarteten f眉nfj盲hrigen Arbeitsvertrag.
  • Kevin C. Murphy, Sohn von Christopher III, zum Pr盲sidenten der Bank, w盲hrend er weiterhin Executive Vice President des Unternehmens bleibt.
  • Brett A. Bauer zum Executive Vice President, Chief Financial Officer & Treasurer sowohl der Gesellschaft als auch der Bank.
Es wurden keine Finanzergebnisse, strategischen 脛nderungen oder sonstigen wesentlichen Transaktionen ver枚ffentlicht. Jeder Executive wird ge盲nderte Arbeitsvertr盲ge unterzeichnen. Die Meldung ist ausschlie脽lich ein Governance-Update; keine Anh盲nge enthalten Finanzberichte.

0001541119false00015411192025-07-292025-07-29


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): July 29, 2025
SOUND FINANCIAL BANCORP, INC.
(Exact name of registrant as specified in its charter)
Maryland 001-35633 45-5188530
(State or other jurisdiction of incorporation) (Commission File No.) (IRS Employer Identification No.)
2400 3rd Avenue, Suite 150, Seattle, Washington
 98121
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (206) 448-0884
 
(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 classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par valueSFBCThe NASDAQ Stock Market LLC

Indicated by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
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
☐



Items to be Included in this Report

Item 2.02.           Results of Operations and Financial Condition.

On July 29, 2025, Sound Financial Bancorp, Inc. (the “Company”), (Nasdaq: SFBC), the holding company of Sound Community Bank, issued its earnings press release announcing financial results for the second quarter and period ended June 30, 2025. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.


Item 8.01.           Other Events.

On July 29, 2025, the Company announced its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, payable on August 25, 2025 to stockholders of record as of the close of business on August 11, 2025. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.


Item 9.01.            Financial Statements and Exhibits.

(d)   Exhibits
The following exhibit is being furnished herewith and this list shall constitute the exhibit index:
99.1
Press Release dated July 29, 2025 announcing second quarter 2025 earnings and regular quarterly cash dividend.
104Cover page interactive data file (embedded within the Inline XBRL document)



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 thereunto duly authorized.
 SOUND FINANCIAL BANCORP, INC. 
    
Date: July 29, 2025
By:/s/ Laura Lee Stewart 
  Laura Lee Stewart 
  President/CEO


Source:

FAQ

When will Christopher J. Murphy III step down as SRCE CEO?

He will relinquish CEO and board-chair duties on October 1, 2025 and become Executive Chairman.

Who will become the new CEO of 1st Source Corporation (SRCE)?

Andrea G. Short will assume the role of Chief Executive Officer while retaining her President title.

What new position was given to Kevin C. Murphy at 1st Source Bank?

Kevin C. Murphy was promoted to President of the Bank and remains Executive Vice President of the Company.

Did 1st Source Corporation disclose any financial results in this 8-K filing?

No, the filing focuses solely on leadership changes; no earnings or balance-sheet data were provided.

Will the promoted executives receive new employment agreements?

Yes, each executive is expected to enter into amended or new employment agreements covering their updated roles.
Stock SFBC logo
Sound Finl Bancorp Inc

NASDAQ:SFBC

SFBC Rankings

#6360 Ranked by Market Cap
#1536 Ranked by Dividends

SFBC Latest News

Jul 29, 2025
Sound Financial Bancorp, Inc. Q2 2025 Results
Apr 29, 2025
Sound Financial Bancorp, Inc. Q1 2025 Results
Feb 14, 2025
Sound Financial Bancorp, Inc. Announces Annual Shareholders Meeting Date
Jan 29, 2025
Sound Financial Bancorp, Inc. Q4 2024 Results
Oct 30, 2024
Sound Financial Bancorp, Inc. Q3 2024 Results

SFBC Stock Data

114.67M
2.12M
16.69%
36.5%
0.37%
Banks - Regional
Savings Institution, Federally Chartered
United States
SEATTLE