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1St Franklin Financial Corp (38723) SEC Filing 8-K Material Event for the period ending Monday, March 1, 2021

1St Franklin Financial Corp

CIK: 38723


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): March 1, 2021


1st Franklin Financial Corporation

(Exact name of registrant as specified in its charter)


Georgia


2-27985


58-0521233

(State or other jurisdiction
of incorporation)


(Commission
File Number)


(IRS Employer
Identification No.)



135 East Tugalo Street

Post Office Box 880

Toccoa, Georgia 30577

(Address of principal executive offices and zip code)




Registrants telephone number, including area code: (706) 886-7571


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:



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 (17 CFR 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: None


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. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On March 1, 2021, A. Roger Guimond, Executive Vice President and Chief Financial Officer and a member of the Board of Directors (the Board) of 1st Franklin Financial Corporation (the Company), notified the Company of his intention to step down as Chief Financial Officer of the Company effective April 1, 2021 (the Effective Date). Following the Effective Date, Mr. Guimond will remain with the Company in the role of Executive Vice President, Finance & Investor Relations and will also continue serving as a member of the Board.


In addition, on March 1, 2021, the Company announced that the Board had appointed Brian Gyomory as Executive Vice President and Chief Financial Officer of the Company, effective as of the Effective Date. Mr. Gyomory, age 53, has served as Senior Vice President of Finance of the Company since December 2019. Prior to joining the Company, Mr. Gyomory was Vice President, Finance, Treasury & Capital Markets at Global Lending Services LLC, an automotive lending company, from July 2014 to December 2019.






SIGNATURE

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.



Dated: March 1, 2021

1st FRANKLIN FINANCIAL CORPORATION








By:


 /s/ A. Roger Guimond


Name:

A. Roger Guimond


Title:

Executive Vice President and Chief Financial Officer







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CIK: 38723
Form Type: 8-K Corporate News
Accession Number: 0000038723-21-000017
Submitted to the SEC: Mon Mar 01 2021 2:58:12 PM EST
Accepted by the SEC: Mon Mar 01 2021
Period: Monday, March 1, 2021
Industry: Personal Credit Institutions
Events:
  1. Event for Officers

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