Business Context and Reporting Period
This Form 8-K Current Report was filed by Mainstreet Bancshares, Inc. on December 15, 2025. The filing addresses a corporate governance event regarding the Board of Directors of the Company and its subsidiary, MainStreet Bank.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the resignation of Ali Reza Manouchehri from the Boards of Directors of both Mainstreet Bancshares, Inc. and MainStreet Bank. The resignation is effective January 1, 2026. Consequently, the size of the Board of Directors is expected to decrease from eleven to ten members.
Outlook, Risks, and Management Commentary
- Reason for Departure: Mr. Manouchehri is resigning to dedicate full-time attention to his role as Chief Executive Officer of Metrostar Systems LLC, a government contracting company recently sold to Veritas Capital.
- Management Commentary: The Company states the departure is for personal reasons and explicitly notes it was not the result of any disagreement regarding operations, policies, financial disclosures, accounting practices, or internal controls.
- Future Relationship: Mr. Manouchehri, a loyal customer for over two decades, indicated he will remain a steadfast supporter of the Bank.
Investor Verification Checklist
- Confirm the effective date of the resignation (January 1, 2026).
- Verify the reduction of the Board of Directors from eleven to ten members.
- Monitor future filings for the appointment of a new director to fill the vacancy.
- Review the Company's subsequent 10-K or 10-Q filings for financial metrics not included in this 8-K.