CEO Sullivan resigns from board; enters separation with $525K lump sum and $40K/month consulting

GBank Financial Holdings Inc.

T. Ryan Sullivan resigns as director of GBank Financial Holdings and GBank effective Sept 30, 2025.
Receives $525,000 lump sum, accrued PTO, and 18 months COBRA premiums covered.
Engaged as executive consultant Oct 1, 2025 through June 30, 2026 at $40,000/month retainer.
Unvested restricted stock continues vesting during consulting term; forfeited if not extended.
No successor named; company relies on Executive Chairman Edward M. Nigro for transition.

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