FB Bancorp to pay Crosby $250,000 cash, grant $250,000 restricted stock in transition deal

• FB Bancorp entered a board chair realignment and transition agreement with Katherine A. Crosby on April 29, 2026.
• Crosby remains executive chair until June 30, 2026, then shifts to non-executive board chair.
• Agreement provides a USD 250,000 cash payment in four installments through June 30, 2028.
• Crosby also receives restricted stock valued at USD 250,000, vesting in four installments through June 30, 2028.
• Bank will reimburse COBRA health care costs through COBRA period, capped at date Crosby attains age 65.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FB Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000943374-26-000183), on May 01, 2026, and is solely responsible for the information contained therein.