SmartFinancial Inc. Files 8-K on Officer Changes and Shareholder Votes
Ticker: SMBK · Form: 8-K · Filed: May 22, 2025 · CIK: 1038773
Sentiment: neutral
Topics: corporate-governance, officer-changes, shareholder-vote
TL;DR
SmartFinancial filed an 8-K detailing leadership changes and upcoming shareholder votes.
AI Summary
SmartFinancial, Inc. filed an 8-K on May 22, 2025, reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. The company, formerly known as Cornerstone Bancshares Inc. and East Ridge Bancshares Inc., is incorporated in Tennessee.
Why It Matters
This filing provides crucial updates on the company's leadership and governance, which can impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — This is a routine corporate filing detailing standard governance and operational updates.
Key Players & Entities
- SMARTFINANCIAL INC. (company) — Registrant
- Cornerstone Bancshares Inc. (company) — Former Company Name
- East Ridge Bancshares Inc. (company) — Former Company Name
- May 22, 2025 (date) — Date of Report
FAQ
What specific items were reported under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'?
The filing indicates these topics were covered, but the specific details of departures, elections, appointments, and compensatory arrangements are not provided in this summary section of the 8-K.
What matters were submitted to a vote of security holders?
The filing states that matters were submitted to a vote of security holders, but the nature of these matters is not detailed in the provided text.
What financial statements and exhibits are included with this filing?
The filing indicates that financial statements and exhibits are included, but their specific content is not described in this excerpt.
When was SmartFinancial, Inc. incorporated and what is its fiscal year end?
SmartFinancial, Inc. was incorporated in Tennessee and its fiscal year ends on December 31.
What were the previous names of SmartFinancial, Inc. and when did the name changes occur?
SmartFinancial, Inc. was formerly known as Cornerstone Bancshares Inc. (name change on April 2, 1998) and East Ridge Bancshares Inc. (name change on May 7, 1997).
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 22, 2025 regarding SMARTFINANCIAL INC. (SMBK).