---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-014739"
form_type: "8-K"
ticker: "RCKY"
cik: "0000895456"
company_name: "ROCKY BRANDS, INC."
filed_at: "2022-06-10T23:59:59+00:00"
generated_at: "2026-06-25T02:59:39.447142+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rocky Brands closes Boston office, cuts 13% of non-manufacturing staff; expects $3-4M annual savings

## Summary
- Closes Boston office acquired from Honeywell; remaining staff relocating or going remote.
- Approximately 13% non-manufacturing headcount reduction; $1.0M severance charge in Q2 2022.
- Cost savings plan expected to yield $3.0-4.0 million in annualized savings.
- ABL credit facility temporarily increased to $200M through Dec 31, 2022, then drops to $175M.
- Term loan covenant set at 4.00:1.00 total leverage for Q2 2022.

## SEC filing metadata
- accession: 0001437749-22-014739
- form_type: 8-K
- ticker: RCKY
- cik: 0000895456
- company_name: ROCKY BRANDS, INC.
- filed_at: 2022-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895456/000143774922014739/0001437749-22-014739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895456/000143774922014739/rcky20220607_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-014739
- JSON: https://secwatch.observer/filing/0001437749-22-014739.json
- Plain text: https://secwatch.observer/filing/0001437749-22-014739.txt

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