Business Context and Reporting Period
This Form 8-K Current Report was filed by Chain Bridge Bancorp, Inc. (CBNA) on December 4, 2025. The report addresses a corporate governance event regarding the retirement of a director, effective December 31, 2025.
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 departure of Paul W. Leavitt from the Board of Directors of Chain Bridge Bancorp, Inc. and its subsidiary, Chain Bridge Bank, N.A. Mr. Leavitt, who has served as a director since December 2016, is retiring pursuant to the Company's mandatory retirement age policy of 75, despite having received a waiver in April 2025 to stand for reelection. He elected to retire to facilitate board succession planning.
Guidance, Outlook, and Risks
The filing explicitly states that Mr. Leavitt's retirement is not the result of any disagreement with the Company, the Bank's management, or the Boards regarding operations, policies, or practices. No financial guidance, outlook, or new risk factors were disclosed in this document.
Key Facts for Investor Verification
- Paul W. Leavitt will retire effective December 31, 2025.
- The retirement is voluntary and intended to facilitate board succession planning.
- Mr. Leavitt served on the Audit Committee, Compensation Committee, Loan Committee, and Trust Oversight Committee.
- No financial data or operational metrics are included in this specific filing.