Pathfinder Bancorp, Inc. 8-K

What Happened
Pathfinder Bancorp, Inc. (PBHC) filed a Form 8‑K on May 7, 2026 disclosing a Fourth Amendment to its Registration Rights Agreement with Castle Creek Capital Partners VII, L.P. The original Securities Purchase Agreement and Registration Rights Agreement were dated May 8, 2019. Under the amendment agreed on May 4, 2026, the company may file a resale registration statement for the securities purchased by Castle Creek by no later than May 8, 2027.

Key Details

• The original private placement and Registration Rights Agreement were dated May 8, 2019.
• The Company had previously agreed to file a resale registration statement by May 8, 2023 and granted successive one‑year extensions, the most recent expiring May 8, 2026.
• The Fourth Amendment, agreed May 4, 2026, extends the filing deadline to May 8, 2027.
• The Fourth Amendment is attached to the 8‑K as Exhibit 10.1.

Why It Matters
This amendment delays the deadline by which Pathfinder must register the resale of securities sold to Castle Creek, postponing when those securities could be publicly resold under a registration statement. For investors, that affects the timing of potential increased share liquidity or resale activity tied to the Castle Creek holdings. The 8‑K includes the Fourth Amendment document (Exhibit 10.1) for the full terms; investors should review it for specifics.