---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000444"
form_type: "8-K"
ticker: "IVFH"
cik: "0000312257"
company_name: "INNOVATIVE FOOD HOLDINGS INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:55:09.721919+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Innovative Food Holdings adopts 2024 incentive program; CEO target $231,750

## Summary
- CEO Bill Bennett target incentive $231,750; COO Brady Smallwood $82,400; CFO Gary Schubert $60,000.
- Payouts weighted 70% on Adjusted EBITDA and 30% on Professional Chef Revenue (total revenue less e-commerce/warehouse).
- Adjusted EBITDA defined as EBITDA adjusted for executive incentive, growth and non-recurring expenses.
- Compensation Committee retains discretion to adjust thresholds/targets in case of M&A or extraordinary events.

## SEC filing metadata
- accession: 0001185185-24-000444
- form_type: 8-K
- ticker: IVFH
- cik: 0000312257
- company_name: INNOVATIVE FOOD HOLDINGS INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/312257/000118518524000444/0001185185-24-000444-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/312257/000118518524000444/innovfood20240430_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000444
- JSON: https://secwatch.observer/filing/0001185185-24-000444.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000444.txt

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