---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-230737"
form_type: "8-K"
ticker: "GBFH"
cik: "0001791145"
company_name: "GBank Financial Holdings Inc."
filed_at: "2026-05-19T20:05:28+00:00"
generated_at: "2026-05-19T21:33:21.064334+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GBank Financial Holdings appoints Jeff Newgard as President and CEO of GBank subsidiary

## Summary
- Jeff Newgard appointed President and CEO of GBank, effective June 8, 2026; Edward M. Nigro remains Executive Chairman.
- Newgard receives $500,000 base salary, $100,000 sign-on bonus, and 20,000 restricted stock units vesting over three years.
- Newgard previously served as Chairman, President and CEO of Bank of Idaho, growing assets from $250M to $1.3B from 2015-2025.
- Director A. Lee Finley resigned from the GBank Financial Holdings board on May 19, 2026, effective immediately.
- Bank of Idaho was sold to Glacier Bancorp at ~17.3x trailing 12-month earnings, per the press release.

## SEC filing metadata
- accession: 0001193125-26-230737
- form_type: 8-K
- ticker: GBFH
- cik: 0001791145
- company_name: GBank Financial Holdings Inc.
- filed_at: 2026-05-19T20:05:28+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1791145/000119312526230737/0001193125-26-230737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1791145/000119312526230737/gbfh-20260515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-230737
- JSON: https://secwatch.observer/filing/0001193125-26-230737.json
- Plain text: https://secwatch.observer/filing/0001193125-26-230737.txt

## Key facts
- Executive change
  A. Lee Finley resigned as Director at GBank Financial Holdings Inc..
  - Action: resigned
  - Role: Director
  source text: On May 19, 2026, A. Lee Finley resigned from his position as a member of the Board of Directors of GBank Financial Holdings Inc. effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1791145/000119312526230737/0001193125-26-230737-index.htm
- Executive change
  Jeff Newgard was appointed as President and Chief Executive Officer at GBank Financial Holdings Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On May 15, 2026, the board of directors (the “Board”) of GBank Financial Holdings Inc. (the “Company”) and the board of directors of the Company’s wholly owned bank subsidiary, GBank (“GBank”), approved the appointment of Jeff Newgard as President and Chief Executive Officer of GBank, effective June 8, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1791145/000119312526230737/0001193125-26-230737-index.htm

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