secwatch.observer — SEC 8-K summary
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Issuer:     Investar Holding Corp (ISTR)
CIK:        0001602658
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0001437749-22-027661
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Investar Holding regains Nasdaq compliance after director resignation and replacement
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- James M. Baker resigned from the Board on Nov 13, 2022; no disagreement with company operations.
- Resignation caused Audit Committee to fall below three independent directors, violating Nasdaq Rule 5605(c)(2)(A).
- Board elected Rose J. Hudson as independent director and Audit Committee member on Nov 16, 2022.
- Hudson served on Investar Bank board since Oct 2020; will receive standard non-employee director compensation.
- Cure period extended to Nov 13, 2023 or 2023 annual meeting; compliance restored as of this filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1602658/000143774922027661/0001437749-22-027661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1602658/000143774922027661/istr20221114_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027661

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