---
schema_version: "secwatch.filing_event.v1"
accession: "0000356037-26-000033"
form_type: "8-K"
ticker: "CSPI"
cik: "0000356037"
company_name: "CSP INC /MA/"
filed_at: "2026-06-09T15:42:37+00:00"
generated_at: "2026-06-09T15:43:24.980071+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# CSP Inc. CAO Michael Newbanks departs June 5; Eric Sachs assumes role

## Summary
- Michael Newbanks left as VP Finance and Chief Accounting Officer on June 5, 2026.
- Departure not due to any disagreement with the company or board.
- Eric Sachs named as successor; Newbanks assisted in transition.
- Newbanks to provide consulting services following departure.
- Newbanks had served as CAO since July 2017; previously controller of Modcomp.

## SEC filing metadata
- accession: 0000356037-26-000033
- form_type: 8-K
- ticker: CSPI
- cik: 0000356037
- company_name: CSP INC /MA/
- filed_at: 2026-06-09T15:42:37+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356037/000035603726000033/0000356037-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356037/000035603726000033/cspi-20260605x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000356037-26-000033
- JSON: https://secwatch.observer/filing/0000356037-26-000033.json
- Plain text: https://secwatch.observer/filing/0000356037-26-000033.txt

## Key facts
- Executive change
  Eric Sachs was appointed as Chief Accounting Officer at CSP INC /MA/.
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: The Company had extended his position to assist in the transfer of his role to Eric Sachs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356037/000035603726000033/0000356037-26-000033-index.htm
- Executive change
  Michael Newbanks departed as Vice President of Finance and Chief Accounting Officer at CSP INC /MA/.
  - Action: left
  - Role: Vice President of Finance and Chief Accounting Officer
  source text: On June 5, 2026, Mr. Newbanks, Vice President of Finance and Chief Accounting Officer of CSP Inc. (the “ Company ”) left his position.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356037/000035603726000033/0000356037-26-000033-index.htm

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