Federal Home Loan Bank of San Francisco 8-K

What Happened
The Federal Home Loan Bank of San Francisco filed an 8-K (Item 5.02) announcing that independent director Silvio Tavares resigned from the Bank's Board of Directors, effective December 31, 2025. Mr. Tavares’ term was scheduled to expire on December 31, 2025. The report was filed on January 5, 2026 and signed by Andrea C. Brunetti, Executive Vice President, Chief Legal Officer and Corporate Secretary.

Key Details

• Filing: Form 8-K (Item 5.02) filed January 5, 2026.
• Director: Silvio Tavares, independent director.
• Effective date: Resignation effective December 31, 2025.
• Term: His board term was scheduled to expire on December 31, 2025.
• No replacement or additional details were disclosed in the filing.

Why It Matters
This is a board governance disclosure for investors. Because Mr. Tavares’ resignation coincides with the scheduled end of his term, the change appears to be routine rather than an unexpected vacancy. Investors should note any future filings for information about successor appointments or changes to board composition, which can affect oversight and governance but do not by themselves indicate changes to the Bank’s operations or financial results.