secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN FIRST BANCSHARES INC (SFST)
CIK:        0001090009
Form:       8-K
Filed at:   2026-08-27T21:42:05+00:00
Accession:  0001206774-26-000469
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Southern First Bancshares authorizes $10M share repurchase plan
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- Board authorized repurchase of up to $10.0M of common stock, approximately 2% of outstanding shares.
- Repurchases may occur via open market or privately negotiated transactions at management's discretion.
- Plan may be discontinued, suspended, or restarted anytime; purchases after Aug 23, 2027 need Board and Federal Reserve approval.
- Company is not obligated to repurchase any shares under the plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090009/000120677426000469/0001206774-26-000469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090009/000120677426000469/sfst4682181-8k.htm
  HTML page:      https://secwatch.observer/filing/0001206774-26-000469

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