PSQ Holdings CEO Michael Seifert resigns, Dusty Wunderlich appointed; Class C conversion ends controlled company status

PSQ Holdings, Inc.

Michael Seifert resigned as CEO and director effective Jan 27, 2026; Dusty Wunderlich appointed CEO same day.
Seifert forfeited 1M shares of Class C common stock; remaining shares under 18-month lockup (max 50K/mo, 10K/day) and 24-month non-compete.
All outstanding Class C common stock (solely owned by Seifert) will convert to Class A on Feb 27, 2026, eliminating his ~50.63% voting power.
Company loses NYSE 'controlled company' status; must meet board independence rules within one year or face potential delisting.
Wunderlich, former CEO of Credova (acquired 2024) and most recently Chief Strategy Officer, tasked with accelerating fintech focus.

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