ECB Bancorp Appoints Matthew J. Cushing to Board

What Happened

• ECB Bancorp, Inc. and its wholly owned subsidiary Everett Co‑operative Bank announced on an 8‑K filed Sept. 22, 2026 that the boards appointed Matthew J. Cushing as a director, effective September 16, 2026.
• Mr. Cushing’s term runs until the Company’s 2027 annual meeting of shareholders, and he was also appointed to the boards’ Audit Committee. He will receive the Company’s standard non‑employee director compensation described in the Company’s 2026 proxy.

Key Details

• Appointment effective date: September 16, 2026; 8‑K filed September 22, 2026.
• Term expires at ECB Bancorp’s 2027 annual meeting of shareholders.
• Committee role: appointed to the Audit Committee of ECB Bancorp and Everett Co‑operative Bank.
• Compensation: will participate in the Company’s non‑employee director compensation program disclosed in the 2026 definitive proxy.
• No arrangements or understandings led to his selection and no transactions involving Mr. Cushing requiring disclosure under Item 404(a) of Regulation S‑K were reported.

Why It Matters

• Board appointments affect corporate governance and oversight — adding a new Audit Committee member can influence financial oversight and compliance work.
• The filing reports a routine governance change with no disclosed related‑party transactions or special compensation arrangements, indicating no immediate material financial impact disclosed for shareholders.