secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN FIRST BANCSHARES INC (SFST)
CIK:        0001090009
Form:       8-K
Filed at:   2022-06-21T23:59:59+00:00
Accession:  0001206774-22-001597
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Southern First Bancshares authorizes repurchase of up to 399,026 shares (~5% of common stock)
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- Board authorized repurchase of up to 399,026 shares, representing ~5% of outstanding common stock.
- Repurchases may be made through open market or privately negotiated transactions at management's discretion.
- Plan may be suspended or discontinued at any time; no obligation to repurchase any shares.
- Repurchases after Dec 31, 2022 require additional Board and Federal Reserve approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090009/000120677422001597/0001206774-22-001597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090009/000120677422001597/sfb4075501-8k.htm
  HTML page:      https://secwatch.observer/filing/0001206774-22-001597

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