secwatch.observer — SEC 8-K summary
======================================

Issuer:     1st FRANKLIN FINANCIAL CORP (—)
CIK:        0000038723
Form:       8-K
Filed at:   2025-06-02T23:59:59+00:00
Accession:  0000038723-25-000082
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Gyomory retires; Harrison named interim CFO; consulting deal with $28,350.78/mo
--------------------------------------------------------------------------------

- Brian Gyomory retired as EVP & CFO effective May 31, 2025; consulting agreement runs June 1 to Dec 1, 2025.
- One-time signing payment of $12,000 and monthly fee of $28,350.78 for financial consulting services.
- Jerry J. Harrison, Jr. appointed interim CFO effective June 1; also EVP & Chief Strategy Officer and board member.
- Company continues search for permanent CFO successor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38723/000003872325000082/0000038723-25-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38723/000003872325000082/na-20250601.htm
  HTML page:      https://secwatch.observer/filing/0000038723-25-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer