Guaranty Bancshares Inc. Announces $3.06 Million Post-Closing Payment Agreement for CEO Tyson T. Abston Following Merger with Glacier Bancorp

Reuters
13小时前
Guaranty Bancshares Inc. Announces $3.06 Million Post-Closing Payment Agreement for CEO Tyson T. Abston Following Merger with Glacier Bancorp

Guaranty Bancshares Inc. has announced new compensation terms for Tyson T. Abston, Chairman of the Board and CEO of the company and its subsidiary, Guaranty Bank. As part of a Post-Closing Payment Agreement linked to the merger with Glacier Bancorp, Inc., Mr. Abston is set to receive a lump-sum cash payment of $3,060,000, less applicable tax withholdings. This payment is contingent upon Mr. Abston remaining employed with Guaranty Bank through the merger's effective date and with Glacier Bank, the successor entity, for one year thereafter. This agreement is in satisfaction of the payment obligations under Mr. Abston's employment contract dated March 15, 2019.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guaranty Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-147029), on June 25, 2025, and is solely responsible for the information contained therein.

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