svbi8knov2006
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 report) November
22, 2006
Severn
Bancorp, Inc.
(Exact
name of registrant as specified in its charter)
Maryland
0-49731 52-1726127
(State
or
other jurisdiction (Commission
(IRS
Employer
of
incorporation)
File
Number) Identification
Number)
1919A West Street,
Annapolis,
Maryland
21401
(Address
of principal executive offices) (Zip
Code)
410-268-4554
(Registrant’s
telephone number, including area code)
(Former
name or former address, if change since last report)
Check
the
appropriate box below if the Form8-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))
ITEM
7.01 REGULATION
FD DISCLOSURE.
Melvin
E.
Meekins, Jr., Executive Vice President of Severn Bancorp, Inc. (“Bancorp”) and
Severn Savings Bank, FSB has announced his intention to sell up to 150,000
shares of Bancorp common stock over the next 15 months. Mr. Meekins currently
owns, individually and with his wife, 449,455 shares of Bancorp. Mr. Meekins
beneficially owns an additional 108,503 shares of Bancorp.
Mr.
Meekins also advised Bancorp that the shares will be sold pursuant to a written
plan adopted by him with a broker in accordance with Rule 10b5-1 under the
Securities Exchange Act. The plan provides for the sale of Bancorp common stock
subject to quantity, date and price directions and other variables.
Mr.
Meekins has announced that after 2007 he intends to retire as a full time
Executive Vice President and contemplates a part time role with Bancorp that
has
yet to be determined.
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.
Severn Bancorp, Inc.
Dated: November
22, 2006
By:
/S/Alan
J. Hyatt/
Alan J. Hyatt
President