Form 8-K
8-K — SOUTHERN FIRST BANCSHARES INC
Accession: 0001206774-26-000469
Filed: 2026-08-28
Period: 2026-08-27
CIK: 0001090009
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Other Events
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8-K — sfst4682181-8k.htm (Primary)
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8-K — CURRENT REPORT
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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) August 27, 2026
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)
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 (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:
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 8.01 Other Events.
The Board of Directors of Southern First Bancshares,
Inc. (the “Company”) announced the authorization for the repurchase of up to $10.0 million of the Company’s common stock,
or approximately 2%, under a share repurchase plan.
Under the repurchase plan, the Company may repurchase
shares from time to time by means of, among other means, open market purchases and in solicited and unsolicited privately negotiated transactions.
The actual means and timing of any purchases, quantity of purchased shares and prices will be, subject to certain limitations, at the
discretion of management and will depend on a number of factors, including the market price of the Company’s common stock, share
issuances under Company equity plans, general market and economic conditions, and applicable legal and regulatory requirements.
The Company’s management believes the repurchase
plan, depending upon market and business conditions, may, among other things, provide capital management opportunities for the Company.
The Company is not obligated to repurchase any such shares under the repurchase plan. The repurchase plan may be discontinued, suspended
or restarted at any time; however, repurchases under the share repurchase plan after August 23, 2027, would require additional Board of
Directors and Federal Reserve approval.
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/
Christian J. Zych
Name:
Christian
J. Zych
Title:
Chief
Financial Officer
August 27, 2026
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Aug. 27, 2026
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Entity File Number
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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
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