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<META NAME="author" CONTENT="Roger Guimond">
<META NAME="date" CONTENT="2021-03-01T19:51:00Z">
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<P style="margin:0px" align=center><B>UNITED STATES</B></P>
<P style="margin:0px" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>Washington, D.C. 20549</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>FORM 8-K</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>CURRENT REPORT</B></P>
<P style="margin:0px" align=center><B>Pursuant to Section 13 or 15(d)</B></P>
<P style="margin:0px" align=center><B>of The Securities Exchange Act of 1934</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center>Date of Report (Date of earliest event reported): March 1, 2021</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>1st Franklin Financial Corporation</B></P>
<P style="margin:0px" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=14.4 /><TD width=230.4 /><TD width=14.4 /><TD width=230.4 /></TR>
<TR><TD style="margin-top:0px; padding:0px; border-bottom:2px solid #000000" valign=top><P style="margin:0px" align=center><B>Georgia</B></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=14.4><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px; border-bottom:2px solid #000000" valign=top width=230.4><P style="margin:0px" align=center><B>2-27985</B></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=14.4><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px; border-bottom:2px solid #000000" valign=top width=230.4><P style="margin:0px" align=center><B>58-0521233</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px" align=center>(State or other jurisdiction<BR>
of incorporation)</P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=14.4><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=230.4><P style="margin:0px" align=center>(Commission<BR>
File Number)</P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=14.4><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=230.4><P style="margin:0px" align=center>(IRS Employer<BR>
Identification No.)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=2.6 /><TD width=2.6 /></TR>
<TR><TD style="margin-top:0px; padding:0px; border-bottom:2px solid #000000" valign=bottom colspan=3><P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>135 East Tugalo Street</B></P>
<P style="margin:0px" align=center><B>Post Office Box 880</B></P>
<P style="margin:0px" align=center><B>Toccoa, Georgia 30577 </B></P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px"><P style="margin:0px" align=center>(Address of principal executive offices and zip code)</P>
</TD><TD style="margin-top:0px; padding:0px" width=2.6><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" width=2.6><P style="margin:0px" align=center><BR></P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center>Registrant<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8217;</font>s telephone number, including area code: <B>(706) 886-7571</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Not Applicable</B></P>
<P style="margin:0px" align=center>(Former name or former address, if changed since last report)</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>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:</P>
<P style="margin:0px" align=justify><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=0.4 /><TD width=24 /><TD /></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top width=0.4><P style="margin:0px" align=justify><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=24><P style="margin:0px; font-family:'Segoe UI Symbol'"><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9744;</font></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px" align=justify>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=0.4 /><TD width=24 /><TD /></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top width=0.4><P style="margin:0px" align=justify><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=24><P style="margin:0px; font-family:'Segoe UI Symbol'"><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9744;</font></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px" align=justify>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=0.4 /><TD width=24 /><TD /></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top width=0.4><P style="margin:0px" align=justify><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=24><P style="margin:0px; font-family:'Segoe UI Symbol'"><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9744;</font></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px" align=justify>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=0.4 /><TD width=24 /><TD /></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top width=0.4><P style="margin:0px" align=justify><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=24><P style="margin:0px; font-family:'Segoe UI Symbol'"><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9744;</font></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px" align=justify>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>Securities registered pursuant to Section 12(b) of the Act: <B>None</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>Emerging growth company <FONT style="font-family:'Segoe UI Symbol'"><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9744;</font></FONT></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>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. <FONT style="font-family:'Segoe UI Symbol'"><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9744;</font></FONT></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify><BR>
<BR></P>
</DIV><DIV style="width:624px"><P style="margin:0px; page-break-before:always" align=right><BR></P>
<P style="margin:0px" align=justify><B>Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. </B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px" align=justify>On March 1, 2021, A. Roger Guimond, Executive Vice President and Chief Financial Officer and a member of the Board of Directors (the <font style="font-family:'Arial Unicode MS,Times New Roman'">&#8220;</font>Board<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8221;</font>) of 1st Franklin Financial Corporation (the <font style="font-family:'Arial Unicode MS,Times New Roman'">&#8220;</font>Company<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8221;</font>), notified the Company of his intention to step down as Chief Financial Officer of the Company effective April 1, 2021 (the <font style="font-family:'Arial Unicode MS,Times New Roman'">&#8220;</font>Effective Date<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8221;</font>). Following the Effective Date, Mr. Guimond will remain with the Company in the role of Executive Vice President, Finance &amp; Investor Relations and will also continue serving as a member of the Board. </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px" align=justify>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 &amp; Capital Markets at Global Lending Services LLC, an automotive lending company, from July 2014 to December 2019.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:16px; margin-bottom:0px" align=center><BR></P>
<P style="margin-top:13.333px; margin-bottom:0px" align=center><BR>
<BR></P>
<P style="margin:0px; page-break-before:always" align=right><BR></P>
<P style="margin-top:13.333px; margin-bottom:0px" align=center><B>SIGNATURE</B></P>
<P style="margin:0px; text-indent:32.667px" align=justify><FONT style="background-color:#FFFFFF">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.</FONT></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=36.267 /><TD width=215.867 /></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Dated: March 1, 2021</P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=252.133 colspan=2><P style="margin:0px">1<SUP>st</SUP> FRANKLIN FINANCIAL CORPORATION</P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=252.133 colspan=2><P style="margin:0px"><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=36.267><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=215.867><P style="margin:0px"><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=36.267><P style="margin:0px"><BR></P>
<P style="margin:0px">By:</P>
</TD><TD style="margin-top:0px; padding:0px; border-bottom:2px solid #000000" valign=top width=215.867><P style="margin:0px"><BR></P>
<P style="margin:0px">&nbsp;/s/ A. Roger Guimond</P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=36.267><P style="margin:0px">Name: </P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=215.867><P style="margin:0px">A. Roger Guimond</P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=36.267><P style="margin:0px">Title:</P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=215.867><P style="margin:0px">Executive Vice President and Chief Financial Officer</P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=36.267><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=215.867><P style="margin:0px"><BR></P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR>
<BR></P>
</DIV></BODY>
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Converted by EDGARwiz
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)
Registrant
'
s 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
1
st
FRANKLIN FINANCIAL CORPORATION
By:
/s/ A. Roger Guimond
Name:
A. Roger Guimond
Title:
Executive Vice President and Chief Financial Officer