---
schema_version: "secwatch.filing_event.v1"
accession: "0000096536-21-000012"
form_type: "8-K"
ticker: "TAYD"
cik: "0000096536"
company_name: "TAYLOR DEVICES, INC."
filed_at: "2021-08-13T23:59:59+00:00"
generated_at: "2026-06-29T12:15:43.667345+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Taylor Devices enters CEO employment agreement with Timothy Sopko; base salary $250K

## Summary
- CEO Timothy Sopko enters one-year employment agreement with Taylor Devices, effective Aug 9, 2021, automatically renewing annually.
- Base salary set at $250,000 per year, subject to increase by Board discretion.
- Executive eligible for incentive compensation based on company performance as approved by Board.
- Severance includes 12 months base salary and COBRA premium reimbursement if terminated without cause or for good reason.
- Either party may decline renewal with 90 days' notice; non-renewal by company triggers severance.

## SEC filing metadata
- accession: 0000096536-21-000012
- form_type: 8-K
- ticker: TAYD
- cik: 0000096536
- company_name: TAYLOR DEVICES, INC.
- filed_at: 2021-08-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96536/000009653621000012/0000096536-21-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96536/000009653621000012/tayd8k20210813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096536-21-000012
- JSON: https://secwatch.observer/filing/0000096536-21-000012.json
- Plain text: https://secwatch.observer/filing/0000096536-21-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.