---
schema_version: "secwatch.filing_event.v1"
accession: "0001791145-25-000007"
form_type: "8-K"
ticker: "GBFH"
cik: "0001791145"
company_name: "GBank Financial Holdings Inc."
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:06:36.254451+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001791145-25-000007
- form_type: 8-K
- ticker: GBFH
- cik: 0001791145
- company_name: GBank Financial Holdings Inc.
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1791145/000179114525000007/0001791145-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1791145/000179114525000007/gbfh-20250929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001791145-25-000007
- JSON: https://secwatch.observer/filing/0001791145-25-000007.json
- Plain text: https://secwatch.observer/filing/0001791145-25-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.