---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-203955"
form_type: "8-K"
ticker: "GENK"
cik: "0001891856"
company_name: "GEN Restaurant Group, Inc."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:30:53.727029+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GEN Restaurant Group enters employment agreements with co-CEOs Chang and Kim, CFO Croal

## Summary
- Jae Chang and David Kim serve as co-CEOs with $300,000 annual base salary starting Jan 1, 2024; $150,000 for July-Dec 2023.
- Thomas Croal named CFO with $400,000 annual base salary starting Jan 1, 2024; $350,000 for July-Dec 2023.
- Each executive eligible for annual performance bonus targeted at 100% (Chang, Kim) or 50% (Croal) of base salary.
- Non-competition agreements with Chang and Kim extend five years after employment ends; include restricted activities.
- Employment term expires earlier of July 1, 2026 or termination; agreements include severance provisions.

## SEC filing metadata
- accession: 0001193125-23-203955
- form_type: 8-K
- ticker: GENK
- cik: 0001891856
- company_name: GEN Restaurant Group, Inc.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1891856/000119312523203955/0001193125-23-203955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1891856/000119312523203955/d513102d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-203955
- JSON: https://secwatch.observer/filing/0001193125-23-203955.json
- Plain text: https://secwatch.observer/filing/0001193125-23-203955.txt

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