home · filing · 0001437749-21-017293
8-K
filed July 21, 2021, 7:59 PM ET
ticker CVV
CIK 0000766792
leadership
confidence high
sentiment neutral
materiality 0.50
CVD Equipment COO Steven Aragon resigns; separation agreement includes $46,250 severance
CVD EQUIPMENT CORP
COO Steven Aragon resigned effective July 16, 2021; separation agreement signed July 20.
Severance of $46,250 (3 months salary) paid in 13 weekly installments.
Accelerated annual bonus: $12,500 cash plus $12,500 in restricted stock.
Health insurance premiums paid through Oct 31, 2021; restrictive legends removed from stock certificates.
Agreement includes standard release, confidentiality, non-solicitation, and non-disparagement clauses.
Executive movements
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Departed
Steven Aragon
Chief Operating Officer
Effective 2021-07-16
Filed July 21, 2021, 7:59 PM ET
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.6
Steven Aragon resigned as Chief Operating Officer at CVD EQUIPMENT CORP.
Action resigned
Role Chief Operating Officer
Exact text from the filing
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
View on SEC.gov
Source: SEC EDGAR
accession 0001437749-21-017293
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