C & F FINANCIAL CORP 8-K

What Happened

• C & F Financial Corporation announced that its Board appointed Dr. David H. Downs as a director, effective February 24, 2026. He will serve until the company’s annual shareholders’ meeting in April 2026, when he will stand for election as a Class III director. The appointment was disclosed in an 8-K filed January 23, 2026.

Key Details

• Appointment announced by the Board on January 20, 2026; effective date February 24, 2026.
• Dr. Downs will stand for election at the April 2026 annual meeting as a Class III director.
• No arrangements or understandings exist between Dr. Downs and any other person regarding his selection.
• Compensation: Dr. Downs will be paid the same as other non‑employee directors.

Why It Matters

• This is a routine board addition affecting C & F Financial’s governance: investors should note the new director will be subject to shareholder approval at the upcoming annual meeting.
• The filing indicates no special compensation or related‑party arrangements, suggesting the appointment is standard and not expected to have immediate material financial impact.
• Investors who track board composition or governance changes may want to watch for any additional disclosures about Dr. Downs’s background or committee assignments.