---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-057293"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:24:51.303720+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital Q1 rev up 43% to $14.7M; CFO departs, CEO takes interim role

## Summary
- Preliminary Q1 revenue $14.7M (+43% YoY); net income $5.1M (+18% YoY); EPS $0.10 flat.
- CFO John Warch departed May 4, 2023; departure not related to accounting disagreements.
- CEO John Villano appointed interim CFO; company will search for new CFO.
- Full Q1 results to be reported on May 15, 2023.

## SEC filing metadata
- accession: 0001104659-23-057293
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000110465923057293/0001104659-23-057293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000110465923057293/tm2315069d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-057293
- JSON: https://secwatch.observer/filing/0001104659-23-057293.json
- Plain text: https://secwatch.observer/filing/0001104659-23-057293.txt

## Key facts
- Executive change
  John E. Warch departed as Chief Financial Officer at Sachem Capital Corp..
  - Action: departed
  - Role: Chief Financial Officer
  source text: On May 8, 2023, Sachem Capital Corp. (the “Company”) announced the departure of John E. Warch, its Chief Financial Officer effective as of May 4, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682220/000110465923057293/0001104659-23-057293-index.htm
- Executive change
  John L. Villano was appointed as interim Chief Financial Officer at Sachem Capital Corp..
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: The Board of Directors of the Company appointed John L. Villano, CPA, the company’s Chief Executive Officer, as interim Chief Financial Officer until the Company hires a new chief financial officer to replace Mr. Warch.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682220/000110465923057293/0001104659-23-057293-index.htm

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