---
schema_version: "secwatch.filing_event.v1"
accession: "0001074828-26-000008"
form_type: "8-K"
ticker: "USBC"
cik: "0001074828"
company_name: "USBC, Inc."
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:00:12.637439+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ronald P. Erickson departs USBC as director and Science Division President; receives severance

## Summary
- Erickson's service concluded March 27, 2026, following divestiture of legacy sensor business.
- Separation Agreement provides severance of $375,000 annual base salary over one year.
- All 167,500 unvested Restricted Shares accelerated and vested upon his last employment date.
- Erickson eligible for separation benefits per employment agreement dated August 6, 2025.
- Departure not due to any disagreement with the company or its affiliates.

## SEC filing metadata
- accession: 0001074828-26-000008
- form_type: 8-K
- ticker: USBC
- cik: 0001074828
- company_name: USBC, Inc.
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000008/0001074828-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000008/usbc-20260409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001074828-26-000008
- JSON: https://secwatch.observer/filing/0001074828-26-000008.json
- Plain text: https://secwatch.observer/filing/0001074828-26-000008.txt

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