secwatch.observer — SEC 8-K summary
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Issuer:     Oak Valley Bancorp (OVLY)
CIK:        0001431567
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001437749-26-002149
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oak Valley Bancorp CEO Chris Courtney to retire June 30, 2026; President Rick McCarty to succeed
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- Chris Courtney to retire as CEO of Oak Valley Bancorp and Oak Valley Community Bank effective June 30, 2026.
- Courtney will continue to serve on the Boards of Directors after his retirement.
- Rick McCarty, current President and COO, named successor CEO, effective June 30, 2026.
- McCarty has been with the bank for over 26 years, holding roles including CFO and COO.
- Under Courtney's leadership, assets grew from $45M to over $2B across 19 branches.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431567/000143774926002149/0001437749-26-002149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431567/000143774926002149/ovly20260126_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-002149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer