secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0001437749-21-017293
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment COO Steven Aragon resigns; separation agreement includes $46,250 severance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000143774921017293/0001437749-21-017293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000143774921017293/cvv20210721_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017293

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer