{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-023486","form_type":"8-K","ticker":null,"cik":"0001850398","company_name":"TC Bancshares, Inc.","filed_at":"2023-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.227879+00:00","generated_at":"2026-06-14T18:31:25.209830+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"TC Bancshares appoints Scott McLean as CFO with $210k base salary, 3-year term","bullets":["McLean appointed CFO of TC Bancshares and TC Federal Bank effective May 18, 2023, succeeding retiring Linda Palmer.","Employment agreement: 3-year initial term, $210k annual base salary, eligibility for up to 20% bonus, relocation up to $20k.","Severance: if terminated without cause or for good reason, 12 months base salary; change-in-control triggers additional lump sum equal to base salary plus average bonus.","Shareholders elected three Class II directors (Bryant, Eiford, Johnson) and ratified Wipfli LLP as independent auditor for 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-023486","json":"https://secwatch.observer/filing/0000950170-23-023486.json","markdown":"https://secwatch.observer/filing/0000950170-23-023486.md","text":"https://secwatch.observer/filing/0000950170-23-023486.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1850398/000095017023023486/0000950170-23-023486-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1850398/000095017023023486/tcbc-20230127.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T18:31:25.209830+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7bebc6aec3","claim":"Scott McLean was appointed as Chief Financial Officer at TC Bancshares, Inc..","evidence_excerpt":"appointed Scott “Mac” McLean as Chief Financial Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1850398/000095017023023486/0000950170-23-023486-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"de9fc0f6b8","claim":"Linda Palmer retired as Chief Financial Officer at TC Bancshares, Inc..","evidence_excerpt":"In connection with Linda Palmer’s previously announced retirement","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1850398/000095017023023486/0000950170-23-023486-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"1d929f3cfb9ca6283451ef3891df251b3e80e7c4","claim":"TC Bancshares, Inc. shareholders approved Ratification of the Company’s Independent Registered Public Accountants at the 2023-05-18 meeting.","evidence_excerpt":"The shareholders ratified the appointment of Wipfli LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1850398/000095017023023486/0000950170-23-023486-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-18"}],"fact_type":"shareholder_vote"},{"claim_id":"ea6db7e460c4f1e79ef453217097b11337f94303","claim":"TC Bancshares, Inc. shareholders approved Election of three Class II director nominees at the 2023-05-18 meeting.","evidence_excerpt":"The shareholders elected each of the three Class II director nominees to serve a three-year term expiring at the Company’s 2026 annual meeting and until their respective successors are duly elected and qualified.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1850398/000095017023023486/0000950170-23-023486-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-18"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}