SHF Holdings: Director Karl Racine resigns; Francis Braun III appointed

SHF Holdings, Inc.

Karl Racine resigned as director and from Nomination and Governance Committee effective May 2, 2025; departure personal, no disagreement with company.
Board appointed Francis A. Braun III as Class I director same day; no committee assignments yet.
Braun has 40 years public accounting experience; currently consultant at KKR, senior advisor at Stout, director of Crown Bank.
Braun is a financial expert under SOX; will receive prorated standard outside director compensation.
No family relationships or reportable transactions involving Braun; no arrangement for selection.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Francis A. Braun III

Class I Director

SHFS · SHF Holdings, Inc.

Effective: 2025-05-02
Filed: May 7, 2025, 7:59 PM ET

On May 2, 2025, the Board appointed Francis A. Braun III as a Class I director.

Departed

Karl Racine

Director

SHFS · SHF Holdings, Inc.

Effective: 2025-05-02
Filed: May 7, 2025, 7:59 PM ET

On May 2, 2025, Karl Racine informed SHF Holdings, Inc. (the “Company”) of his decision to resign from his position as a director of the Company and as a member of the Board of Director’s (the “Board”) Nomination and Governance Committee effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Francis A. Braun III was appointed as Class I Director at SHF Holdings, Inc..

Action: appointed
Role: Class I Director

Exact text from the filing

On May 2, 2025, the Board appointed Francis A. Braun III as a Class I director.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karl Racine resigned as Director at SHF Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

On May 2, 2025, Karl Racine informed SHF Holdings, Inc. (the “Company”) of his decision to resign from his position as a director of the Company and as a member of the Board of Director’s (the “Board”) Nomination and Governance Committee effective immediately.

View on SEC.gov

SHF Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-009049

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.