<p>MainStreet Bancshares Inc. has announced new compensation terms for Richard A. Vari, who will become Executive Vice President and Chief Financial Officer of the company and its bank subsidiary effective January 1, 2026. Under the terms of his employment agreement, Mr. Vari will receive an annual base salary of $360,000. He remains eligible for bonus and equity awards as determined by the Compensation Committee and the Board of Directors, and will participate in the bank’s health and disability plans and group term insurance. The agreement includes severance provisions: if Mr. Vari’s employment is terminated without cause or he resigns for good reason within one year of a change of control, he will receive a severance payment equal to 299% of his five-year average taxable compensation. If terminated without cause or for good reason outside of a change of control, he is eligible for severance equal to the greater of his current base salary for one year or the remainder of his contract term, plus the average annual bonus from the prior three years. 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. MainStreet Bancshares 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: 0001437749-25-038696), on December 23, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here</p>

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<p>MainStreet Bancshares Sets $360,000 Salary and New Severance Terms for Incoming CFO</p>