secwatch.observer — SEC 8-K summary
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Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001171520-23-000360
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek adopts incentive compensation clawback policy effective Oct 2, 2023
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- Policy adopted Nov 16, 2023, effective Oct 2, 2023, to comply with Nasdaq listing rules and SEC Rule 10D-1.
- Mandates recovery of erroneously awarded incentive-based compensation from executive officers upon accounting restatement.
- Applies to compensation received on or after Oct 2, 2023, during the prior three completed fiscal years.
- Prohibits indemnification of executive officers for amounts recovered under the policy.
- Administrator is the Compensation Committee, with discretion to determine recovery means.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152023000360/0001171520-23-000360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152023000360/eps11063_sotk.htm
  HTML page:      https://secwatch.observer/filing/0001171520-23-000360

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