{"url_path":"/sec/hnvr/8-k/2026-07-20/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/1828588/0001104659-26-085050-index.html","accession_number":"0001104659-26-085050","cik":"0001828588","ticker":"HNVR","issuer_name":"Hanover Bancorp, Inc. /MD","edgar_url":"https://www.sec.gov/Archives/edgar/data/1828588/0001104659-26-085050-index.html","primary_entity_key":"0001828588","primary_entity_name":"Hanover Bancorp, Inc. /MD"},"word_count":340,"has_tables":true,"body_markdown":"**Item 5.02.**\n\n**Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n​\n\n(c)On July 20, 2026, Hanover Bancorp, Inc. (the “Company”), the parent holding company of Hanover Community Bank (the “Bank”), issued a press release announcing the appointment of Kevin O’Connor as President of the Company and the Bank, effective as of July 27, 2026.\n\nMr. O’Connor, age 63, has served as Long Island Market President at Valley Bank since January 2025.  Prior to that time, Mr. O’Connor was Principal at KMO Strategy from November 2023 to January 2025 and served as Chief Executive Officer of Dime Community Bank, the successor organization to Bridgehampton National Bank, from February 2021 to August 2023 following the 2021 merger between the two institutions.  Mr. O’Connor served as Chief Executive Officer and President of Bridgehampton National Bank from October 2007 to February 2021.\n\nIn connection with his appointment, Mr. O’Connor will receive an annual base salary commensurate with other senior executive officers of the Company and will have the opportunity to receive annual incentive compensation under the Company’s short-term incentive plan and long-term incentive program, subject to the satisfaction of the predetermined performance criteria established by the Compensation Committee of the Company’s Board of Directors.  Mr. O’Connor will also receive an initial restricted stock award for 10,000 shares of Company common stock, within 30 days of his hire date, which will vest over a five-year period.\n\nThere is no arrangement or understanding between Mr. O’Connor and any other persons pursuant to which Mr. O’Connor was appointed as President of the Company and the Bank.  Furthermore, except as disclosed herein, Mr. O’Connor does not have any related party transactions with the Company or the Bank that would require disclosure under Item 404(a) of Regulation S-K.\n\nA copy of the Company’s press release announcing the appointment of Mr. O’Connor as President of the Company and the Bank is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.\n\n​\n\n​"}