Federal Home Loan Bank of Pittsburgh 8-K/A

What Happened

• The Federal Home Loan Bank of Pittsburgh filed an 8‑K (Jan 15, 2026) reporting that the Federal Housing Finance Agency (Finance Agency) provided a non‑objection on January 9, 2026 to the Bank’s 2026 Directors’ Compensation Policy. The Board had previously approved the policy subject to that non‑objection. The policy is effective as of January 1, 2026 and specifies that total annual director compensation will be paid half via quarterly retainer fees and half via per‑meeting attendance fees.

Key Details

• Effective date: January 1, 2026; Finance Agency non‑objection received January 9, 2026; 8‑K filed January 15, 2026.
• Annual compensation amounts listed: Board Chair $165,000; Board Vice Chair $142,000; Audit, Governance & Public Policy, Human Resources/OMWI, and Enterprise Risk Committee Chairs $137,000 each; other Committee Chairs $130,210; other directors $123,000.
• Payment structure: 50% paid as quarterly retainers and 50% as per‑meeting attendance fees.
• The full 2026 Directors’ Compensation Policy is attached as Exhibit 10.1 to the filing.

Why It Matters

• This filing sets the Bank’s board pay levels and payment timing for 2026, providing transparency about governance costs and director incentives.
• The filing does not report any director departures, officer appointments, or executive compensation changes beyond the directors’ policy.
• Investors who track governance practices or board expense should review the attached Exhibit 10.1 for the complete policy details.