{"schema_version":"secwatch.filing_event.v1","accession":"0001562762-23-000151","form_type":"8-K","ticker":null,"cik":"0001458412","company_name":"CROSSFIRST BANKSHARES, INC.","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.081902+00:00","generated_at":"2026-06-17T07:45:41.746287+00:00","sec_items":["1.01","3.02","3.03","5.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CrossFirst Bankshares raises $7.75M via Series A Preferred Stock at 8% dividend","bullets":["Sold $7.75M of Series A Non-Cumulative Perpetual Preferred Stock; $6.15M from directors and senior leadership.","Preferred stock pays 8% annual non-cumulative dividend, $1,000 liquidation preference, perpetual, no conversion.","Proceeds for general corporate purposes including capital support for CrossFirst Bank.","Preferred stock qualifies as Tier 1 capital; callable at option after March 2028.","Restrictions on common stock dividends if preferred dividends not paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001562762-23-000151","json":"https://secwatch.observer/filing/0001562762-23-000151.json","markdown":"https://secwatch.observer/filing/0001562762-23-000151.md","text":"https://secwatch.observer/filing/0001562762-23-000151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1458412/000156276223000151/0001562762-23-000151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1458412/000156276223000151/8k20230329.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:45:41.746287+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b215ff7ce5072c070842d741275bc9ad32d97e10","claim":"CROSSFIRST BANKSHARES, INC.: Filed Certificate of Designations establishing Series A Preferred Stock (effective 2023-03-29).","evidence_excerpt":"On March 29, 2023, the Company filed the Certificate of Designations with the Secretary of State of the State of Kansas, which was effective upon filing.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1458412/000156276223000151/0001562762-23-000151-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-03-29"}],"fact_type":"governance_change"},{"claim_id":"2a45f73949292944e43ecbd31f3077e0f81b2ef9","claim":"CROSSFIRST BANKSHARES, INC. entered into Purchase Agreement with certain investors qualified as 'accredited investors' valued at aggregate purchase price of $7,750,000 (effective 2023-03-29).","evidence_excerpt":"On March 29, 2023, CrossFirst Bankshares, Inc. (the “Company”) entered into a Securities Purchase Agreement (the \"Purchase Agreement\") with certain investors qualified as \"accredited investors,\" as such term is defined in Rule 501(a) of Regulation D (\"Regulation D\") promulgated under the Securities Act of 1933, as amended (the \"Securities Act\"), pursuant to which the Company offered and sold shares of its Series A Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share (the \"Series A Preferred Stock\"), for an aggregate purchase price of $7,750,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1458412/000156276223000151/0001562762-23-000151-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain investors qualified as 'accredited investors'"},{"label":"Value","value":"aggregate purchase price of $7,750,000"},{"label":"Effective","value":"2023-03-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}