Shepherd's Finance appoints new CFO, exchanges units, and redeems preferred units

Shepherd's Finance, LLC

CFO Catherine Leslie resigned to lead new accounting business unit; Ted Westwood named successor effective June 2, 2025.
Westwood, former FedEx controller (14 yrs) and most recently at Nutting Co., receives $185,000 base salary.
Holder William Myrick exchanged 2,969 Class A common units for 2,329.533 Series C Cumulative Preferred Units.
Company redeemed 251.10821 preferred units from CEO and his wife for $251,108.21.
Unit exchange exempt from registration under Sec 4(a)(2) or 3(a)(9).

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Executive movements

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Departed

Catherine Leslie

Chief Financial Officer

Shepherd's Finance, LLC

Effective: 2025-06-02
Successor: Theodore Westwood
Filed: Jun 05, 2025 23:59 UTC

On May 30, 2025, Catherine Leslie, the Chief Financial Officer of the Registrant, who has been doing both her CFO duties and leading that business, agreed to lead that business unit for the Registrant full time and advised the Registrant that she was resigning as the Registrant’s Chief Financial Officer, effective upon the date her successor, Ted Westwood, starts employment with the Registrant as described below.

Appointed

Theodore Westwood

Chief Financial Officer

Shepherd's Finance, LLC

Effective: 2025-06-02
Filed: Jun 05, 2025 23:59 UTC

On May 30, 2025, the Board of the Registrant appointed Theodore Westwood as the Chief Financial Officer of the Registrant, effective as of June 2, 2025, to serve until his successor is duly designated, or until his earlier death, resignation, retirement, disqualification, or removal from office.

Source: SEC EDGAR

accession 0001641172-25-013841

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