---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-000660"
form_type: "8-K"
ticker: "IVFH"
cik: "0000312257"
company_name: "INNOVATIVE FOOD HOLDINGS INC"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:37:31.247589+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Innovative Food Holdings adopts annual incentive plan for CEO, COO, CFO with targets up to 200% of base bonuses

## Summary
- CEO Robert Bennett target bonus $187k, COO Brady Smallwood $81k, CFO Richard Tang $54k.
- Payout weighted 20% on revenue target, 80% on adjusted EBITDA target.
- Maximum bonus is 200% of target; no threshold amounts.
- AIP adopted June 22, 2023 by board; applies to FY 2023 performance.

## SEC filing metadata
- accession: 0001185185-23-000660
- form_type: 8-K
- ticker: IVFH
- cik: 0000312257
- company_name: INNOVATIVE FOOD HOLDINGS INC
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/312257/000118518523000660/0001185185-23-000660-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/312257/000118518523000660/innovfood20230627_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000660
- JSON: https://secwatch.observer/filing/0001185185-23-000660.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000660.txt

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