8-K
SOUTHERN FIRST BANCSHARES INC (SFST)
UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANTTO SECTION 13 OR 15(D) OF THESECURITIES EXCHANGE ACT OF 1934
| Date of report (Date of earliest event reported) | August 22, 2022 (August 18, 2022) |
|---|
| Southern First Bancshares, Inc. | |
|---|---|
| (Exact name of registrant as specified in its charter) | |
| South Carolina | |
| --- | |
| (State or other jurisdiction of incorporation) | |
| 000-27719 | 58-2459561 |
| --- | --- |
| (Commission File Number) | (IRS Employer Identification No.) |
| 100 Verdae Boulevard, Suite 100, Greenville, SC | 29607 |
| (Address of principal executive offices) | (Zip Code) |
| (864) 679-9000 | |
| --- | |
| (Registrant's telephone number, including area code) | |
| Not Applicable | |
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock | SFST | The Nasdaq Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02 (c),(e) Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Appointment of President
Effective August 18, 2022, the board of directors (the “Board”) of Southern First Bancshares, Inc. (the “Company”), holding company for Southern First Bank (the “Bank”), appointed Calvin C. Hurst to serve as President of the Company and the Bank. The information called for by Item 401(b), (d) and (e) and Item 404(a) of Regulation S-K with respect to Mr. Hurst, and information with respect to Mr. Hurst’s employment and compensatory agreements, is set forth in the Company’s proxy statement filed on April 8, 2022 and in its Annual Report on Form 10-K filed on March 4, 2022, which information is incorporated herein by reference.
EXHIBIT INDEX
| Exhibit No. | Description |
|---|---|
| 99.1 | Press Release announcing Mr. Hurst’s appointment as President of Southern First Bancshares, Inc. dated August 22, 2022. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SOUTHERN FIRST BANCSHARES, INC. | |||
|---|---|---|---|
| By: | /s/ Michael D. Dowling | ||
| Name: | Michael D. Dowling | ||
| Title: | Chief Financial Officer | ||
| August 22, 2022 |
sfb409854-ex991.htm - Generated by SEC Publisher for SEC Filing
Exhibit 99.1
SOUTHERN FIRST NAMES CAL HURST AS PRESIDENT
Greenville, South Carolina (August 22, 2022) - Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, is pleased to announce the appointment of Cal Hurst to President.
Hurst has served as Chief Banking Officer and Executive Vice President of Southern First since 2019, contributing to the bank’s strategic growth and planning as well as overseeing the company’s retail banking, deposit operations, and marketing divisions. Hurst has over 16 years of experience in the banking industry and is passionate about positively impacting everyone he connects with. In addition to his work, Hurst is a highly engaged member of the Upstate community, serving on the Board of Directors for the Greenville Chamber, United Way of Greenville County, and Greenville First Steps.
“Cal’s charismatic leadership has been integral to our continued growth and strong company culture. This promotion is in recognition of his tremendous talents and deep commitment to our mission of Impacting Lives. I look forward to building on our accomplishments with Cal’s talents in this new role,” stated Art Seaver, the company’s Chief Executive Officer.
About Southern First Bancshares
Southern First Bancshares, Inc., Greenville, South Carolina is a registered bank holding company incorporated under the laws of South Carolina. The company’s wholly-owned subsidiary, Southern First Bank, is one of the fastest growing banks in the Southeast. Southern First Bank has been providing financial services since 1999 and now operates in 12 locations in the Greenville, Columbia, and Charleston markets of South Carolina as well as the Charlotte, Triangle and Triad regions of North Carolina and Atlanta, Georgia. Southern First Bancshares has consolidated assets of approximately $3.3billion and its common stock is traded on the NASDAQ Global Market under the symbol “SFST.” More information can be found at www.southernfirst.com.