---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-036262"
form_type: "8-K"
ticker: null
cik: "0001015155"
company_name: "CHARLES & COLVARD LTD"
filed_at: "2026-03-27T23:59:59+00:00"
generated_at: "2026-05-15T08:30:53.980608+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Director Duc Pham resigns; board shrinks to three; Executive Chair Levin term extended

## Summary
- Duc Pham resigned from the Board effective March 25, 2026, citing no disagreement with the company.
- Board size reduced from four to three; Bylaws amended to permit 3-9 directors (was 4-9).
- Michael Levin's term as Executive Chair extended one additional month; compensation set at $7,500/month.
- Pham served on Audit Committee as chair of Compensation Committee; no replacement named.

## SEC filing metadata
- accession: 0001104659-26-036262
- form_type: 8-K
- cik: 0001015155
- company_name: CHARLES & COLVARD LTD
- filed_at: 2026-03-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015155/000110465926036262/0001104659-26-036262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015155/000110465926036262/tm2610142d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-036262
- JSON: https://secwatch.observer/filing/0001104659-26-036262.json
- Plain text: https://secwatch.observer/filing/0001104659-26-036262.txt

## Source-grounded claims
- claim_id: 3994ef58c30c70113bbd56b7d861ffc92bbcf8dd
  claim: CHARLES & COLVARD LTD: Amended bylaws to change the range of authorized director count from 4-9 to 3-9 (effective 2026-03-27).
  evidence_excerpt: On March 27, 2026, the Board amended the Company’s Bylaws to provide that the number of directors constituting the Board can be between three and nine directors, which was previously between four and nine directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015155/000110465926036262/0001104659-26-036262-index.htm

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