---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-020170"
form_type: "8-K"
ticker: "STLY"
cik: "0000797465"
company_name: "HG Holdings, Inc."
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T01:13:16.025544+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bradley Garner resigns as CFO; Justin Edenfield named successor; $1.5M buyback authorized

## Summary
- Bradley G. Garner resigned as Principal Financial and Accounting Officer effective August 5, 2022, not due to any disagreement.
- Justin H. Edenfield appointed as Principal Financial and Accounting Officer and Secretary, effective same day.
- Company entered consulting agreement with Garner: $10,416/month plus $125,000 cash payment (two installments) through December 2022.
- Board authorized repurchase of up to $1.5 million of common stock, with no expiration date.

## SEC filing metadata
- accession: 0001437749-22-020170
- form_type: 8-K
- ticker: STLY
- cik: 0000797465
- company_name: HG Holdings, Inc.
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797465/000143774922020170/0001437749-22-020170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797465/000143774922020170/stly20220810_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-020170
- JSON: https://secwatch.observer/filing/0001437749-22-020170.json
- Plain text: https://secwatch.observer/filing/0001437749-22-020170.txt

## Key facts
- Executive change
  Justin H. Edenfield was elected as Principal Financial and Accounting Officer; Secretary at HG Holdings, Inc..
  - Action: elected
  - Role: Principal Financial and Accounting Officer; Secretary
  source text: the board of directors of the Company (the “Board”) has elected Justin H. Edenfield to serve as Principal Financial and Accounting Officer; Secretary of the Company effective as of August 5, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/797465/000143774922020170/0001437749-22-020170-index.htm
- Executive change
  Bradley G. Garner resigned as Principal Financial and Accounting Officer; Secretary at HG Holdings, Inc..
  - Action: resigned
  - Role: Principal Financial and Accounting Officer; Secretary
  source text: On August 5, 2022, Bradley G. Garner resigned as Principal Financial and Accounting Officer; Secretary of HG Holdings, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/797465/000143774922020170/0001437749-22-020170-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.