ECB Bancorp, Inc. filed a Form 8-K on September 22, 2026, disclosing that its Board of Directors appointed Matthew J. Cushing as a director of the company and its wholly owned subsidiary, Everett Co-operative Bank, effective September 16, 2026.

Key Highlights

  • New Director: Matthew J. Cushing was appointed to the Board of Directors of ECB Bancorp, Inc. and Everett Co-operative Bank on September 16, 2026.
  • Term Length: Mr. Cushing's director term will expire at the company's 2027 annual meeting of shareholders.
  • Committee Assignment: Mr. Cushing was appointed to serve on the Audit Committee of both the company's and the Bank's Board of Directors.
  • Compensation: Mr. Cushing will participate in the company's non-employee director compensation program as outlined in the definitive proxy statement for the 2026 annual meeting of shareholders.
  • No Related-Party Transactions: The filing states there are no transactions involving Mr. Cushing required to be disclosed under Item 404(a) of Regulation S-K.

ECB Bancorp Board Expansion: Cushing Appointment and Audit Committee Role

According to the filing, ECB Bancorp, Inc. (NASDAQ:ECBK), a Maryland-incorporated company headquartered at 419 Broadway, Everett, Massachusetts, reported the appointment of Matthew J. Cushing as a director of both the company and its wholly owned subsidiary, Everett Co-operative Bank. The Board of Directors took this action on September 16, 2026, with Mr. Cushing's term set to expire at the 2027 annual meeting of shareholders.

The filing disclosed that Mr. Cushing will participate in the company's existing non-employee director compensation program, the terms of which are outlined in the definitive proxy statement for the company's 2026 annual meeting of shareholders. In addition to his board seat, Mr. Cushing was simultaneously appointed to the Audit Committee of both the company's and the Bank's Board of Directors, according to the filing.

The company also stated that "there are no arrangements or understandings with any person pursuant to which Mr. Cushing has been selected to serve as a director of the Company and the Bank," and confirmed that no transactions involving Mr. Cushing would require disclosure under Item 404(a) of Regulation S-K. The report was signed by Brandon N. Lavertu, Executive Vice President and Chief Financial Officer of ECB Bancorp, Inc.

What Was Disclosed

ECB Bancorp disclosed the appointment of Matthew J. Cushing to its Board of Directors and Audit Committee effective September 16, 2026, with his term running through the 2027 annual shareholder meeting, and confirmed no related-party transaction disclosures were required.