{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-21-027130","form_type":"8-K","ticker":"OVLY","cik":"0001431567","company_name":"Oak Valley Bancorp","filed_at":"2021-11-19T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.567794+00:00","generated_at":"2026-06-28T06:29:43.438555+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Oak Valley Bancorp promotes Rick McCarty to President and COO effective Jan 1, 2022","bullets":["Richard A. McCarty appointed President and COO effective Jan. 1, 2022; currently Senior EVP and COO.","Christopher M. Courtney will remain CEO; previously held both President and CEO titles.","McCarty has over 22 years at Oak Valley; previously served as CFO and CAO.","Promotion described as execution of succession planning; no new compensation agreement entered."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-21-027130","json":"https://secwatch.observer/filing/0001437749-21-027130.json","markdown":"https://secwatch.observer/filing/0001437749-21-027130.md","text":"https://secwatch.observer/filing/0001437749-21-027130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/0001437749-21-027130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/ovly20211118_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T06:29:43.438555+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":"2c4bf51f05","claim":"Richard A. McCarty was appointed as President and Chief Operating Officer at Oak Valley Bancorp.","evidence_excerpt":"On November 16, 2021, the Board of Directors (the “ Board ”) of Oak Valley Bancorp (the “ Company ”) appointed Richard A. McCarty as President and Chief Operating Officer effective on January 1, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/0001437749-21-027130-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"db34fe2a70","claim":"Christopher M. Courtney changed role as Chief Executive Officer at Oak Valley Bancorp.","evidence_excerpt":"The title of President is currently held by Christopher M. Courtney, President and Chief Executive Officer, whose title will change to Chief Executive Officer effective on January 1, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/0001437749-21-027130-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}