{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-017445","form_type":"8-K","ticker":"FMFG","cik":"0001698022","company_name":"Farmers & Merchants Bancshares, Inc.","filed_at":"2022-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.695977+00:00","generated_at":"2026-06-24T11:22:56.442179+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Farmers and Merchants Bancshares names Gary Harris President, successor CEO; Bosley CEO until Dec 2022","bullets":["James R. Bosley, Jr. elected CEO effective July 18, 2022, to serve until his retirement on Dec 31, 2022.","Gary A. Harris elected President and will become CEO and President upon Bosley's retirement.","Harris also elected to the Board as a Class II director until 2024 annual meeting.","Harris entered into Change in Control Severance Agreement providing up to 2.99x base salary if terminated without cause within 12 months of a change in control.","Bylaws amended to establish CEO position and conform officer roles."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-017445","json":"https://secwatch.observer/filing/0001437749-22-017445.json","markdown":"https://secwatch.observer/filing/0001437749-22-017445.md","text":"https://secwatch.observer/filing/0001437749-22-017445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922017445/0001437749-22-017445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922017445/fmfg20220719_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T11:22:56.442179+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":"3a8c4ba1a2","claim":"Gary A. Harris changed role as Chief Executive Officer at Farmers & Merchants Bancshares, Inc..","evidence_excerpt":"When Mr. Bosley retires, Mr. Harris will serve as both the President and the Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922017445/0001437749-22-017445-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"succeed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"c370c0c6a5","claim":"Gary A. Harris was elected as President at Farmers & Merchants Bancshares, Inc..","evidence_excerpt":"they also elected Mr. Harris to serve as President","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922017445/0001437749-22-017445-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"dd573ad5f5","claim":"James R. Bosley, Jr. was elected as Chief Executive Officer at Farmers & Merchants Bancshares, Inc..","evidence_excerpt":"elected Mr. Bosley to serve in that office until his retirement","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922017445/0001437749-22-017445-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e114ea2ab4","claim":"Gary A. Harris was elected as Director at Farmers & Merchants Bancshares, Inc..","evidence_excerpt":"elected Mr. Harris to serve as a Class II director of the Company until the 2024 annual meeting","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774922017445/0001437749-22-017445-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}