secwatch.observer — SEC 8-K summary
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Issuer:     SIGMATRON INTERNATIONAL INC (—)
CIK:        0000915358
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0000915358-24-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SigmaTron CFO James Reiman resigns; Frank Cesario appointed as new CFO
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- James J. Reiman resigned as CFO on Nov 8, 2024 for personal reasons, effective immediately.
- Frank Cesario, 55, appointed CFO, VP Finance, Treasurer and Secretary effective Nov 11, 2024.
- Cesario's base salary is $300,000/yr; eligible for bonus, 401K, and 30,000 stock options with stepped vesting.
- Severance of 13 weeks base salary if terminated without cause; at-will employment.
- Cesario previously served as CEO/CFO of Yunhong Green CTI, a public flexible-film manufacturer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915358/000091535824000026/0000915358-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915358/000091535824000026/sgma-20241108x8k.htm
  HTML page:      https://secwatch.observer/filing/0000915358-24-000026

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