AI brief of an SEC Form 8-K · MAYS J W INC (MAYS)

J.W. Mays CFO Ward Lyke to step down September 25, 2026; Controller Kevin Guptar named successor

Neutral Impact 3 of 5 leadership Written later

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.

Key points

  • 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.

The filing

CompanyMAYS J W INC (MAYS)
Form8-K, current report
Filed with the SECJul 30, 2026, 6:02 PM ET
Accession number0001206774-26-000392

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.

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.