secwatch.observer — SEC 8-K summary
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Issuer:     MAYS J W INC (MAYS)
CIK:        0000054187
Form:       8-K
Filed at:   2026-07-30T22:02:56+00:00
Accession:  0001206774-26-000392
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Ward Lyke Jr. to step down Sept 25, 2026; Controller Kevin Guptar to succeed
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- Ward Lyke Jr. will remain CFO through Sept 25, 2026, then resign; departure not due to disagreements.
- Base salary of $316,000 continued through separation date.
- Separation benefits: 6 weeks salary ($36,461.54), company-owned 2021 Ford Escape, and company cellphone.
- Kevin Guptar, current Controller, becomes Principal Financial Officer and Principal Accounting Officer upon Lyke's separation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/54187/000120677426000392/0001206774-26-000392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/54187/000120677426000392/mays4670361-8k.htm
  HTML page:      https://secwatch.observer/filing/0001206774-26-000392

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