secwatch.observer — SEC 8-K summary
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Issuer:     GUARANTY BANCSHARES INC /TX/ (—)
CIK:        0001058867
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0000950170-23-054509
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guaranty Bancshares CFO Cappy Payne to retire March 2024; Shalene Jacobson named successor effective Dec 29, 2023
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- Clifton A. 'Cappy' Payne retires after 40 years; steps down as CFO on Dec 29, 2023 and from board on Dec 31, 2023.
- Shalene Jacobson, current EVP & CFO of Guaranty Bank & Trust, becomes Company CFO effective Dec 29, 2023.
- Succession planned for two years; Jacobson and Payne worked side-by-side as CFOs of Company and Bank during transition.
- Payne will remain an employee until his retirement date of March 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058867/000095017023054509/0000950170-23-054509-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058867/000095017023054509/gnty-20231018.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-054509

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