Current Report Filing (8-k)
June 21 2019 - 04:31PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date of Report
(Date of earliest
event reported): June 20, 2019
Southern
National Bancorp of Virginia, Inc.
(Exact name of registrant as specified in its charter)
Virginia
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001-33037
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20-1417448
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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6830 Old Dominion Drive
McLean, Virginia 22101
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(Address of Principal Executive Offices) (Zip Code)
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(703) 893-7400
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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¨
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Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
Title
of each Class
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Trading
Symbol(s)
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Name of
each exchange on which registered
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Common stock
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SONA
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The NASDAQ Stock Market LLC
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth
company
o
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
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On June 20, 2019, Southern
National Bancorp of Virginia, Inc. (the “Company”) and Jeffrey H. Culver agreed that Mr. Culver will step down as the
Company’s President, effective as of June 20, 2019. Mr. Culver will receive the severance and other termination benefits
described for a termination without cause under his employment agreement with the Company, the terms of which have been previously
disclosed in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 22, 2019,
which description is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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SOUTHERN NATIONAL BANCORP OF VIRGINIA, INC.
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By:
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/s/ Joe A. Shearin
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June 21, 2019
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Joe A. Shearin
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Chief Executive Officer
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