---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-042844"
form_type: "8-K"
ticker: "OMCC"
cik: "0001000045"
company_name: "OLD MARKET CAPITAL Corp"
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:06:42.241628+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nicholas Financial extends CEO Michael Rost's contract through Feb 29, 2024, with $100K bonus structure

## Summary
- CEO Michael Rost's employment term extended to February 29, 2024, with two possible 3-month extensions by mutual consent.
- Base salary remains $250,000 unchanged; bonus terms revised: $25,000 payable by Sept 9, 2023, and $75,000 within 30 days after term end.
- $75,000 post-term bonus forfeited if CEO resigns voluntarily or is terminated for cause before Feb 29, 2024.
- Stock purchase matching program (Section 3(e)) eliminated from the agreement.

## SEC filing metadata
- accession: 0000950170-23-042844
- form_type: 8-K
- ticker: OMCC
- cik: 0001000045
- company_name: OLD MARKET CAPITAL Corp
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000045/000095017023042844/0000950170-23-042844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000045/000095017023042844/nick-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-042844
- JSON: https://secwatch.observer/filing/0000950170-23-042844.json
- Plain text: https://secwatch.observer/filing/0000950170-23-042844.txt

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