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

Issuer:     ServisFirst Bancshares, Inc. (SFBS)
CIK:        0001430723
Form:       8-K
Filed at:   2025-04-21T23:59:59+00:00
Accession:  0001171843-25-002337
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ServisFirst appoints Jim Harper as Chief Credit Officer, Henry Abbott transitions to consultant
--------------------------------------------------------------------------------

- Jim Harper, 47, appointed SVP & CCO effective April 21, 2025; salary $280K, signing bonus $75K, 3,000 RSUs vesting in 5 years.
- Henry Abbott resigned as CCO effective same day; consulting fee $23,045 first month, $12,753/month thereafter, terminable after 2 months.
- Harper previously EVP & Senior Credit Risk Officer at Cadence Bank; over 20 years of banking experience.
- Harper eligible for min 25% bonus 2025; change-in-control agreement provides 2x salary plus avg bonus if terminated without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1430723/000117184325002337/0001171843-25-002337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1430723/000117184325002337/f8k_042125.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002337

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