{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-000933","form_type":"8-K","ticker":null,"cik":"0001766526","company_name":"Tectonic Financial, Inc.","filed_at":"2024-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.531077+00:00","generated_at":"2026-05-30T23:37:56.584836+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"President/CEO Patrick Howard to retire; A. Haag Sherman to assume roles by July 2025","bullets":["Howard resigns as director, President of Tectonic Financial, CEO of TBI and T Bank, effective Jan–July 2025.","Sherman (current CEO of parent) appointed President of parent, CEO of TBI and T Bank upon Howard's departure.","Howard to serve as executive advisor through Jan 15, 2026; will receive $175k year-end bonus and $250k performance bonus for each of 2024 and 2025.","Company to cash out 100,000 stock options at $18.80 per share minus exercise price within 30 business days.","Transition Services Agreement replaces prior employment agreement; no disagreement cited for departure."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-000933","json":"https://secwatch.observer/filing/0001185185-24-000933.json","markdown":"https://secwatch.observer/filing/0001185185-24-000933.md","text":"https://secwatch.observer/filing/0001185185-24-000933.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766526/000118518524000933/0001185185-24-000933-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766526/000118518524000933/tectonic20240930_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T23:37:56.584836+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":"9d74abbac0","claim":"Patrick Howard retired as Director, President of the Company, President and Chief Executive Officer of TBI, and President and Chief Executive Officer of the Bank at Tectonic Financial, Inc..","evidence_excerpt":"notified the Boards of Directors of the Company, TBI and the Bank of his decision to retire from the Boards of Directors of the Company, TBI and the Bank, and as President of the Company, President and Chief Executive Officer of TBI, and President and Chief Executive Officer of the Bank in 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518524000933/0001185185-24-000933-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director, President of the Company, President and Chief Executive Officer of TBI, and President and Chief Executive Officer of the Bank"}],"fact_type":"executive_change"},{"claim_id":"cb57e3d43b","claim":"A. Haag Sherman was appointed as President of the Company, Chief Executive Officer of TBI and Chief Executive Officer of the Bank at Tectonic Financial, Inc..","evidence_excerpt":"appoint Mr. A. Haag Sherman to serve as President of the Company, Chief Executive Officer of TBI and Chief Executive Officer of the Bank, effective upon the termination of employment of Mr. Howard","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518524000933/0001185185-24-000933-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President of the Company, Chief Executive Officer of TBI and Chief Executive Officer of the Bank"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}