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CFO J. Ross Franklin to leave Atlantic American (NASDAQ: AAME)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Atlantic American Corporation announced that J. Ross Franklin has decided to resign as Vice President, Chief Financial Officer and Secretary. He notified the company on April 29, 2026, and his resignation will be effective May 27, 2026.

The company states that Mr. Franklin’s decision is not due to any disagreement regarding operations, policies or practices. Atlantic American has begun the process to name a successor Chief Financial Officer to support continuity in its finance and reporting functions.

Positive

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Negative

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Insights

Atlantic American’s CFO is departing on non‑dispute terms, with a search underway for a successor.

Atlantic American Corporation disclosed that its Vice President, Chief Financial Officer and Secretary, J. Ross Franklin, will resign effective May 27, 2026, after notifying the company on April 29, 2026. The company explicitly notes his decision is not tied to disagreements over operations, policies or practices.

This language typically signals an orderly, non‑contentious transition rather than a crisis departure. The company has started the process to appoint a new Chief Financial Officer, which will be important for maintaining stable financial oversight and SEC reporting. Subsequent disclosures may identify the new appointee and outline any related changes in responsibilities.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Resignation effective date May 27, 2026 Effective date of CFO and Secretary resignation
Resignation notice date April 29, 2026 Date CFO notified the company of his decision
Company telephone number (404) 266-5500 Registrant’s telephone number listed in the filing
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Chief Financial Officer financial
"decision to resign as Vice President, Chief Financial Officer and Secretary of the Company"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
Securities Exchange Act of 1934 regulatory
"Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report"
Understanding 8-K Material Events →
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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):
May 5, 2026 (April 29, 2026)  

ATLANTIC AMERICAN CORPORATION
(Exact name of registrant as specified in its charter)

Georgia
0-3722
58-1027114
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

4370 Peachtree Road, N.E., Atlanta, Georgia
  
30319
(Address of principal executive offices)
  
(Zip Code)

Registrant’s telephone number, including area code
  
(404) 266-5500

N/A
(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:

☐
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, par value $1.00 per share
  
AAME
  
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 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 29, 2026, J. Ross Franklin notified Atlantic American Corporation (the “Company”) of his decision to resign as Vice President, Chief Financial Officer and Secretary of the Company, effective May 27, 2026. Mr. Franklin’s decision to resign is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company has commenced the process to name a successor to Mr. Franklin as Chief Financial Officer.

2
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.

 
ATLANTIC AMERICAN CORPORATION
     
 
By:
/s/ Hilton H. Howell, Jr.
   
Hilton H. Howell, Jr.
   
President and Chief Executive Officer
     
Date:  May 5, 2026
    


3

Source: View Original Filing on SEC EDGAR

FAQ

What did Atlantic American Corporation (AAME) announce in this 8-K?

Atlantic American Corporation reported that its Vice President, Chief Financial Officer and Secretary, J. Ross Franklin, has decided to resign. The notice was given on April 29, 2026, and his resignation will be effective May 27, 2026, prompting a search for a successor.

When will Atlantic American’s CFO J. Ross Franklin leave his role?

J. Ross Franklin’s resignation as Atlantic American’s Chief Financial Officer and Secretary is effective May 27, 2026. He notified the company on April 29, 2026, giving several weeks of transition time while the company initiates its process to identify a new CFO.

What positions did J. Ross Franklin hold at Atlantic American Corporation?

J. Ross Franklin served as Vice President, Chief Financial Officer and Secretary of Atlantic American Corporation. His resignation covers these roles, so the company’s search for a successor Chief Financial Officer may also address how remaining executive and corporate secretary duties are allocated.

How is Atlantic American responding to the CFO’s upcoming departure?

Atlantic American has commenced the process to name a successor to Mr. Franklin as Chief Financial Officer. This indicates the company is working to ensure continuity of its financial leadership and regulatory reporting functions following his effective resignation date of May 27, 2026.

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