secwatch.observer — SEC 8-K summary
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Issuer:     CHARLES & COLVARD LTD (—)
CIK:        0001015155
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001104659-26-036262
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015155/000110465926036262/0001104659-26-036262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015155/000110465926036262/tm2610142d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-036262

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer