---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-027157"
form_type: "8-K"
ticker: "SFDL"
cik: "0000818677"
company_name: "SECURITY FEDERAL CORP"
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:45:33.330670+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Security Federal Corp expands stock repurchase authorization by 100,000 shares

## Summary
- Board authorized an additional 100,000 shares for repurchase; total program now 135,276 shares (including 35,276 remaining from prior).
- Repurchases will be made at management's discretion based on market conditions, stock price, and alternative uses of capital.
- No guarantee as to exact number of shares repurchased; program may be suspended or modified at any time.

## SEC filing metadata
- accession: 0001437749-24-027157
- form_type: 8-K
- ticker: SFDL
- cik: 0000818677
- company_name: SECURITY FEDERAL CORP
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/818677/000143774924027157/0001437749-24-027157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/818677/000143774924027157/sfdl20240813_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-027157
- JSON: https://secwatch.observer/filing/0001437749-24-027157.json
- Plain text: https://secwatch.observer/filing/0001437749-24-027157.txt

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