secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS HOLDING CO /MS/ (CIZN)
CIK:        0001075706
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001437749-23-001721
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Holding hires Stacy M. Brantley as President and CEO of The Citizens Bank
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- Stacy M. Brantley appointed President of Citizens Holding and CEO of The Citizens Bank, effective Feb 13, 2023.
- Gregory L. McKee retires as Bank CEO on Jan 31, 2023, but remains CEO of Citizens Holding.
- Brantley's base salary $375k, annual cash incentive up to 40% of base, one-time $125k sign-on bonus.
- Brantley receives $60k stock grant (4-year vest), $110k relocation payment, and $12k annual car allowance.
- Over 25 years banking experience; previously EVP and Chief Banking Officer at Morris Bank (GA).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923001721/0001437749-23-001721-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923001721/cizn20230124_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001721

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