MainStreet Bancshares, Inc. 8-K
Accession 0001437749-25-038448
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 4:31 PM ET
Size
173.4 KB
Accession
0001437749-25-038448
Research Summary
AI-generated summary of this filing
MainStreet Bancshares, Inc. Director Resigns Effective Jan 1, 2026
What Happened
MainStreet Bancshares, Inc. (MNSB) filed an 8‑K on December 19, 2025 announcing that director Ali Reza Manouchehri notified the Company and MainStreet Bank that he will resign from both Boards of Directors effective January 1, 2026. Mr. Manouchehri is the CEO of Metrostar Systems LLC, a government contracting company that was recently sold to Veritas Capital; the buyer’s strategic plan requires his full‑time attention going forward.
Key Details
- Filing date: December 19, 2025 (8‑K Item 5.02).
- Resignation effective date: January 1, 2026.
- Director: Ali Reza Manouchehri (served on boards of MainStreet Bancshares, Inc. and MainStreet Bank).
- Board size: Company expects board to be reduced from 11 directors to 10 following his resignation.
- Company notes the resignation was for personal reasons and not due to any disagreement with the Company or Bank on operations, policies, financial disclosures, accounting practices or internal controls.
Why It Matters
Board changes can affect corporate governance and board composition. For investors, the filing signals a planned voluntary departure (not a disagreement) and an expected reduction in the board’s size; the company did not announce a replacement or other governance changes in this filing. Investors who follow governance, board expertise or vote matters may want to monitor future filings for any nomination or committee reshuffling.
Documents
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Issuer
MainStreet Bancshares, Inc.
CIK 0001693577
Related Parties
1- filerCIK 0001693577
Filing Metadata
- Form type
- 8-K
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 4:31 PM ET
- Size
- 173.4 KB