Guaranty Bancshares appoints Shalene Jacobson as CFO, grants equity awards

GUARANTY BANCSHARES INC /TX/

Jacobson appointed EVP and CFO of Guaranty Bancshares effective Dec. 29, 2023; also EVP/CFO of subsidiary Guaranty Bank.
She received 5,000 stock options at $30.50 (5-yr vest) and 3,000 restricted shares (3-yr vest) under the 2015 Equity Plan.
Employment agreement runs to May 20, 2026, with automatic 3-yr renewal; base salary not less than $168,000.
If terminated without cause or resigns for good reason, severance equals average of prior 3 years' W-2 compensation.
Appointed advisory board member of the Company (Dec. 1, 2023) and director of the Bank (Jan. 1, 2024).

item 5.02 item 9.01

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Appointed

Shalene Jacobson

Executive Vice President and Chief Financial Officer

GUARANTY BANCSHARES INC /TX/

Effective: 2023-12-29
Filed: January 2, 2024, 6:59 PM ET

the Board of Directors ("Board") of Guaranty Bancshares, Inc. (the “Company”) appointed Shalene Jacobson to the office of Executive Vice President and Chief Financial Officer of the Company, effective December 29, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Shalene Jacobson was appointed as Executive Vice President and Chief Financial Officer at GUARANTY BANCSHARES INC /TX/.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

the Board of Directors ("Board") of Guaranty Bancshares, Inc. (the “Company”) appointed Shalene Jacobson to the office of Executive Vice President and Chief Financial Officer of the Company, effective December 29, 2023.

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Source: SEC EDGAR

accession 0000950170-24-000059

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