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 26, 2020
Pioneer Bancorp, Inc.
(Exact Name of Registrant as Specified in Charter)
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Maryland
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001-38991
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83-4274253
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(State or Other Jurisdiction)
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(Commission File No.)
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(I.R.S. Employer
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of Incorporation)
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Identification No.)
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652 Albany Shaker Road, Albany, New York
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12211
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (518)
730-3999
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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17
CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17
CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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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, par value $0.01
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PBFS
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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 (§230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [X]
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. [ ]
Item 8.01 Other Events.
Due to the novel coronavirus (“COVID-19”) pandemic, Pioneer Bancorp, Inc. (the “Company”), the
holding company of Pioneer Bank who is the plan sponsor of the Pioneer Bank 401(k) Plan (the “Plan”), is filing this Current Report on Form 8-K to avail itself of an extension to file the Plan’s Annual Report on Form 11-K for the plan year
ended December 31, 2019 (the “Form 11-K”). The Plan is relying on the Securities and Exchange Commission's Order under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions From the Reporting and Proxy Delivery Requirements for
Public Companies dated March 25, 2020 (Release No. 34-88465) (the “Order”).
As previously disclosed, the operations
and business of the Company have experienced disruptions due to the unprecedented conditions surrounding the COVID-19 pandemic. These disruptions due to the
suggested and mandated restrictions on business operations, social distancing protocols, quarantine, and work from home orders related to the COVID-19 pandemic have limited the availability of key Company personnel and professional advisors
required to prepare the Plan’s financial statements for the plan year ended December 31, 2019. The Company has also been delayed in preparing the Form 11-K due to third parties who have not had sufficient time to complete all the necessary items
because of the limitations described above. The Plan anticipates that it will file its Form 11-K no later than 45 days after the original June 29, 2020 due date as
permitted by the Order.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, hereunto duly authorized.
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PIONEER BANCORP, INC.
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DATE: June 26, 2020
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By: /s/ Thomas L. Arnell
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Thomas L. Amell
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President and Chief Executive Officer
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