# EDGAR Filing Document

**Accession Number:** 0001330399
**File Stem:** 0001193125-25-291069
**Filing Date:** 2025-11
**Character Count:** 13496
**Document Hash:** 1240a127cf5dc509efbe753104804dce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-291069.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001193125-25-291069

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251119

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federal Home Loan Bank of Pittsburgh
- **CENTRAL INDEX KEY:** 0001330399
- **STANDARD INDUSTRIAL CLASSIFICATION:** FEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES [6111]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-51395
- **FILM NUMBER:** 251506850

**BUSINESS ADDRESS:**
- **STREET 1:** 301 GRANT STREET, SUITE 2000
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15219
- **BUSINESS PHONE:** 412-288-3400

**MAIL ADDRESS:**
- **STREET 1:** 301 GRANT STREET, SUITE 2000
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15219

?xml version='1.0' encoding='ASCII'? 8-K

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

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**FORM** 8-K

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**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of** 

**the Securities Exchange Act of 1934**

**Date of Report (Date of Earliest Event Reported):** November 19, 2025

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Federal Home Loan Bank of Pittsburgh

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Federally Chartered Corporation** | 000-51395 | 25-6001324 |
| **(State or other jurisdiction** | **(Commission** | **(I.R.S. Employer** |
| **of incorporation)** | **File Number)** | **Identification No.)** |
| **3**01 Grant Street**, Suite 2000,** Pittsburgh**,** Pennsylvania | **3**01 Grant Street**, Suite 2000,** Pittsburgh**,** Pennsylvania | 15219 |
| **(Address of principal executive offices)** | **(Address of principal executive offices)** | **(Zip Code)** |

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**Registrant's telephone number, including area code:** 412**-**288-3400

**Not Applicable**

**Former name or former address, if changed since last report**

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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:

☐ 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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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Title of each class | &nbsp;&nbsp;Trading Symbol(s) | &nbsp;&nbsp;Name of each exchange on which registered |

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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 ☐

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. ☐

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**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers** 

On November 19, 2025, the Governance and Public Policy Committee ("Governance Committee") of the Federal Home Loan Bank of Pittsburgh ("Bank") Board of Directors ("Board"), as authorized by the Bank's Board, reviewed the results of the 2025 Election of Directors by stockholders of the Bank that concluded on November 14, 2025, to fill: (1) two Pennsylvania Member Directorships; and (2) one Independent Directorship. There were no open Delaware or West Virginia Member Directorships during this election.

Following its review of the election results, the Governance Committee declared the following nominees elected (or re-elected as applicable) to serve 4-year terms on the Board, beginning January 1, 2026, and ending December 31, 2029:

*Pennsylvania Member Directors* 

Joseph Major (Incumbent), Founder, Chairman and Chief Executive Officer, The Victory Bank

Charles B. "Charlie" Crawford, Jr., Chairman & CEO, Hyperion Bank

*Independent Director (Incumbent)*

Thomas H. Murphy

Attached as Exhibit 99.1 to this Current Report on Form 8-K is a press release issued by the Bank announcing the above results of the election. The election of the Member Directors, and the Independent Director took place in accordance with the terms of the Federal Home Loan Bank Act and Federal Housing Finance Agency ("Finance Agency") Regulations. No in-person meeting of the members was held. The Board has not yet determined on which committees the Member Directors, and the Independent Director will serve beginning in 2026. Directors serving on the Bank's Board in 2026 will be eligible to receive compensation under the Bank's 2026 Directors' Compensation Policy ("Policy") once non-objection to the Policy is received from the Finance Agency.

The Bank is a cooperative and, as such, most of the Bank's business is conducted with its members. In the normal course of its business, the Bank extends credit to, and transacts other business with, members whose officers or directors may serve as Member Directors of the Bank. It is the Bank's policy to extend credit to, and transact other business with, members having directors or officers serving on the Bank's Board on terms and conditions that are no more favorable than the terms and conditions of comparable transactions with similarly situated members having no Board representation. In addition, the Bank may have transactions with Independent Directors as well. For further information regarding such transactions, including information regarding related person transactions as defined in 17 C.F.R. §229.404(a), see Item 13 of the Bank's 2024 Annual Report on Form 10-K filed with the SEC.

 **Item 5.07 Submission of Matters to a Vote of Security Holders**

On November 19, 2025, the Governance and Public Policy Committee declared the voting results for the 2025 election as described above in Item 5.02 of this Current Report on Form 8-K. Complete voting results are included in the Bank's notice to members, dated November 20, 2025, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

 **Item 7.01 Regulation FD Disclosure**

Attached as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K are copies of the Bank's press release and the Bank's notice to members dated, November 20, 2025, both described above. The information being furnished pursuant to Item 7.01 on this Current Report on Form 8-K and the information contained in Exhibits 99.1 and 99.2 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits**

(d) Exhibits

**<u>Exhibit No.</u> <u>Description</u>**

99.1 Press Release, dated November 21, 2025, issued by the Bank

99.2 Notice to Members, dated November 21, 2025

**<u>Description</u>**

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

**SIGNATURE(S)**

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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| | | |
|:---|:---|:---|
|  | Federal Home Loan Bank of Pittsburgh | Federal Home Loan Bank of Pittsburgh |
| *November 21, 2025* | *By:* | */s/ John A. Ott* |
|  |  | *Name: John A. Ott* |
|  |  | *Title: General Counsel, Corporate Secretary & Ethics Officer* |

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## Exhibit 99.1

![img209226105_0.jpg](img209226105_0.jpg)

**FOR IMMEDIATE RELEASE**

Contact: Eric M. Slomer, FHLBank Pittsburgh, 412-288-7694, eric.slomer@fhlb-pgh.com

**<br>FHLBank Pittsburgh Announces Results in 2025 Board Election**

PITTSBURGH, Nov. 21, 2025 – The Federal Home Loan Bank of Pittsburgh (FHLBank) today announced the results of its 2025 election. Pennsylvania members reelected Joseph W. Major, Founder, Chairman of the Board and Chief Executive Officer of The Victory Bank. Additionally, Pennsylvania members elected Charles B. "Charlie" Crawford, Jr., Chairman and CEO of Hyperion Bank. Both will serve as Pennsylvania member directors.

Pennsylvania, Delaware, and West Virginia members reelected Thomas H. Murphy, Chief Transformation Officer at the University of Pennsylvania.

Each elected director is eligible to serve a four-year term beginning on Jan. 1, 2026.

**Other Directors Serving on FHLBank Board of Directors**

In addition to the elected directors listed above, FHLBank's Board of Directors for 2026 also includes: Nathaniel S. Bonnell, Glenn R. Brooks, Romulo L Diaz, Jr., James V. Dionise, Angel Helm, Louise M. Herrle, Blanche L. Jackson, Sheryl Jordan, Brendan J. McGill, Dr. Howard B. Slaughter, Jr., and Jeane M. Vidoni. For more information about FHLBank's directors, visit https://www.fhlb-pgh.com/leadership/board-of-directors.

**About FHLBank Pittsburgh**

FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and savings banks, community development financial institutions, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia. FHLBank products and resources help support community lending, housing and economic development. As one of 11 Federal Home Loan Banks established by Congress, FHLBank has been an integral and reliable part of the financial system since 1932. Learn more by visiting www.fhlb-pgh.com.

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## Exhibit 99.2

![img210149626_0.jpg](img210149626_0.jpg)

**Results of 2025 Federal Home Loan Bank of Pittsburgh Director Election** 

The Federal Home Loan Bank of Pittsburgh ("FHLBank") is pleased to announce the winners of the 2025 Board of Directors Election. There were two Member Directorships up for election in Pennsylvania. There was one Independent Directorship up for election this year.

**PENNSYLVANIA MEMBER DIRECTOR ELECTION**

Pennsylvania members voted to fill two Pennsylvania Member Directorships, each with a four-year term beginning on Jan. 1, 2026. The following individuals were elected as a Pennsylvania Member Director:

Joseph W. Major, CEO, Chair and President

The Victory Bank

548 North Lewis Road

Limerick, PA 19468

FHFA ID: 54245<br>

Charles B. "Charlie" Crawford, Jr., Chairman and CEO

Hyperion Bank

199 West Girard Avenue

Philadelphia, PA 19123

FHFA ID: 54120

Mr. Major and Mr. Crawford shall each serve a four-year term that ends on Dec. 31, 2029. Of the 212 Pennsylvania members eligible to vote in this election, 113 cast a ballot.

The total number of votes eligible to be cast for any one Pennsylvania Member Director nominee in this election was 5,872,689. The following summary provides the number of votes cast for each nominee:

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| | |
|:---|:---|
| **Nominee** | **Votes Cast** |
| Joseph W. Major | 2,538,842 |
| Charles B. "Charlie" Crawford, Jr. | 2,247,730 |
| Charles Leyh | 1,562,432 |
| Kimberly Duhamel-Murry | 627,970 |

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**DELAWARE** 

There was no Member Director Election in 2025.

**WEST VIRGINIA** 

There was no Member Director Election in 2025.

Nov. 21, 2025 \| 25-85b

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**INDEPENDENT DIRECTOR ELECTION**

FHLBank held a district-wide election to fill one Independent Directorship. The following individual was reelected:

Thomas Murphy, Chief Transformation Officer

University of Pennsylvania

3401 Walnut Street, Suite 265C

Philadelphia, PA 19104

Mr. Murphy will serve a four-year term beginning on Jan. 1, 2026, and ending on Dec. 31, 2029. Of the 284 members district-wide eligible to vote in this election, 127 cast a ballot in the Independent Director election.

The total number of votes eligible to be cast for each Independent Director nominee in this election was 7,990,293. The following were the votes cast:

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| | |
|:---|:---|
| **Nominee** | **Votes Cast** |
| Thomas H. Murphy | 4,768,727 |

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Please note that pursuant to Federal Housing Finance Agency regulation, members who vote do so by casting all of their shares of FHLBank stock that they were required to hold as of Dec. 31, 2024, for each open Directorship to be filled up to the applicable state average. Pennsylvania members were eligible to vote their shares two times for two open Member Directorships. Delaware, Pennsylvania, and West Virginia members were eligible to vote their shares once for the Independent Director candidate.

Nov. 21, 2025 \| 25-85b

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