---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-093551"
form_type: "8-K"
ticker: "PSQH"
cik: "0001847064"
company_name: "PSQ Holdings, Inc."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:03:18.404102+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PSQ Holdings cuts staff by >35%, executives take voluntary pay reductions

## Summary
- Workforce reduced by over 35% under a strategic plan to focus on B2B sales and marketing.
- Expected non-recurring severance charge of $355,772.90 plus COBRA costs of $37,367.37 in Q4 2024.
- CEO Michael Seifert's base salary cut 25% from $400k to $300k; CFO's cut 20% to $300k.
- President Sarah Gabel Seifert's salary reduced 20% to $240k; COO Mike Hebert's cut 10% to $315k.

## SEC filing metadata
- accession: 0001213900-24-093551
- form_type: 8-K
- ticker: PSQH
- cik: 0001847064
- company_name: PSQ Holdings, Inc.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847064/000121390024093551/0001213900-24-093551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847064/000121390024093551/ea0219668-8k_psq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-093551
- JSON: https://secwatch.observer/filing/0001213900-24-093551.json
- Plain text: https://secwatch.observer/filing/0001213900-24-093551.txt

## Key facts
- Restructurings & Charges
  PSQ Holdings, Inc. announced a restructuring with charges of $355,772.90 (over 35%).
  - Type: restructuring
  - Charge: $355,772.90
  - Headcount: over 35%
  source text: completed the implementation of a strategic plan (the “Strategic Plan”) to streamline the organization, reducing staff by over 35% and focusing on the people critical to the Company’s B2B focused sales and marketing positioning going forward. The Company expects a non-recurring charge for severance of $355,772.90, in addition to one month of COBRA estimated to total $37,367.37 for those electing to utilize it, primarily incurred in the fourth quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847064/000121390024093551/0001213900-24-093551-index.htm

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