Form 8-K - Current report
February 27 2024 - 4:55PM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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) February 27, 2024
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.) |
|
|
6
Verdae Boulevard, Greenville, SC |
29607 |
(Address
of principal executive offices) |
(Zip
Code) |
(864) 679-9000
(Registrant’s
telephone number, including area code)
100 Verdae Boulevard, Suite 100, Greenville, SC
(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 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS
OF CERTAIN OFFICERS.
On
February 26, 2024, D. Andrew Borrmann, Chief Financial Officer of Southern First Bancshares, Inc. (the “Company”) and Southern
First Bank (the “Bank” and together with the Company, the “Employer”), notified the Employer that he is resigning
from his roles with the Employer, effective March 29, 2024.
Mr.
Borrmann added, “I am proud to have been part of this great company and leave with mixed emotions: excited about the opportunity
in front of me, but very sad to leave Southern First’s outstanding team. I am proud of the work we did through a dynamic period,
and I am fully confident that the Company has a strong future, winning great relationships throughout its footprint.”
“We
will miss Andy and appreciate his leadership and partnership over the last year,” said Art Seaver, Chief Executive Officer. “We
are excited for Andy in his new opportunity and are grateful for the friendship that continues.”
Brief
Biography for D. Andrew Borrmann
Mr.
Borrmann has served as Southern First’s executive vice president and chief financial officer since April 2023. He was previously
employed with Colony Bank where he served most recently as Chief Financial Officer and Chief Strategy Officer. He was with Colony
Bank since it merged with SouthCrest Bank in 2021 where he served as Chief Financial Officer since 2011. Mr. Borrmann is a 1996 graduate
of Arizona State University with a degree in Finance.
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/
R. Arthur Seaver, Jr. |
|
Name: |
R.
Arthur Seaver, Jr. |
|
Title: |
Chief
Executive Officer |
February
27, 2024
v3.24.0.1
Cover
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Feb. 27, 2024 |
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Entity File Number |
000-27719
|
Entity Registrant Name |
Southern
First Bancshares, Inc.
|
Entity Central Index Key |
0001090009
|
Entity Tax Identification Number |
58-2459561
|
Entity Incorporation, State or Country Code |
SC
|
Entity Address, Address Line One |
6
Verdae Boulevard
|
Entity Address, City or Town |
Greenville
|
Entity Address, State or Province |
SC
|
Entity Address, Postal Zip Code |
29607
|
City Area Code |
864
|
Local Phone Number |
679-9000
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Title of 12(b) Security |
Common
Stock
|
Trading Symbol |
SFST
|
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NASDAQ
|
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100 Verdae Boulevard
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SC
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