Business Context and Reporting Period
This Form 8-K Current Report was filed by Bayfirst Financial Corp. on February 13, 2026. The report addresses a company-wide reduction in staff and the subsequent departure of a key executive officer.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statement data.
Material Changes
- Executive Departure: Rhonda S. Tudor ceased employment and her role as Chief Accounting Officer effective February 13, 2026.
- Position Elimination: The position of Chief Accounting Officer has been eliminated as part of a company-wide reduction.
- Role Reassignment: Scott J. McKim, Executive Vice President and Chief Financial Officer, will assume the duties of the principal accounting officer.
Outlook, Risks, and Management Commentary
Management indicates the departure is part of a broader company-wide reduction. The filing references Mr. McKim's background as detailed in the definitive proxy statement filed on April 4, 2025. No specific forward-looking guidance, risk factors, or unusual items regarding financial performance are disclosed in this document.
Investor Verification Checklist
- Verify the impact of the company-wide reduction on operational capacity and future financial results.
- Review the definitive proxy statement filed on April 4, 2025, for details on Scott J. McKim's qualifications.
- Monitor subsequent filings for any further executive departures or financial implications of the staff reduction.