---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-000059"
form_type: "8-K"
ticker: null
cik: "0001058867"
company_name: "GUARANTY BANCSHARES INC /TX/"
filed_at: "2024-01-02T23:59:59+00:00"
generated_at: "2026-06-07T05:02:35.235948+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Guaranty Bancshares appoints Shalene Jacobson as CFO, grants equity awards

## Summary
- 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).

## SEC filing metadata
- accession: 0000950170-24-000059
- form_type: 8-K
- cik: 0001058867
- company_name: GUARANTY BANCSHARES INC /TX/
- filed_at: 2024-01-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058867/000095017024000059/0000950170-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058867/000095017024000059/gnty-20231229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-000059
- JSON: https://secwatch.observer/filing/0000950170-24-000059.json
- Plain text: https://secwatch.observer/filing/0000950170-24-000059.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058867/000095017024000059/0000950170-24-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.