Every material Form 8-K MAYS J W INC has filed with the SEC since July 30, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
J. W. Mays reported results for the fiscal year and three months ended July 31, 2026, in a press release dated October 21, 2026. Both revenue and net loss worsened compared with the same periods a year earlier, so shareholders face a larger loss per share on lower sales.
Twelve-month revenue was $21,094,506, down from $22,469,710 in the prior-year period.
Twelve-month net loss was $1,399,536, or $(.69) per share, versus a net loss of $136,240, or $(.07) per share, a year earlier.
Three-month revenue was $5,316,859, down from $5,654,985; three-month net loss was $339,686, or $(.17) per share, versus $92,000, or $(.05) per share.
J.W. Mays, Inc. promoted Controller Kevin J. Guptar to Chief Financial Officer and Treasurer on October 13, 2026, filling the role left vacant when Ward Lyke, Jr. retired on September 25, 2026. Guptar has been with the company since November 2021 and takes on the principal financial and accounting officer roles, so the change is a planned internal succession rather than a shift in direction.
Kevin J. Guptar, age 46, promoted to Chief Financial Officer and Treasurer by the Board on October 13, 2026
Annual base salary of $232,000 plus an annual discretionary bonus
Predecessor Ward Lyke, Jr. retired as CFO and Treasurer on September 25, 2026
Guptar joined Mays as Controller in November 2021 and is a New York State Certified Public Accountant
J.W. Mays, Inc. entered a transition agreement with CFO Ward Lyke, who will remain as Vice President, Chief Financial Officer, and Treasurer until September 25, 2026, then resign. The company said his departure is not related to any disagreement, and Controller Kevin Guptar will become Principal Financial Officer and Principal Accounting Officer upon Lyke's separation.
Ward Lyke's separation date is September 25, 2026; his base salary continues at $316,000 until then.
Lyke may receive six weeks of base salary as separation benefits, conditioned on signing a release.
Kevin Guptar, the current Controller, becomes Principal Financial Officer and Principal Accounting Officer effective immediately upon Lyke's separation.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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