{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-015606","form_type":"8-K","ticker":"CYAN","cik":"0000768408","company_name":"CYANOTECH CORP","filed_at":"2022-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.623731+00:00","generated_at":"2026-06-25T00:09:41.648366+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Gerald Cysewski steps down as CEO of Cyanotech; Matthew Custer named new President and CEO effective June 16, 2022","bullets":["Gerald Cysewski resigned as CEO and Director effective June 16, 2022; will continue as CEO Emeritus and Chief Scientific Officer.","Board unanimously appointed Matthew K. Custer as President, CEO, and Director; Custer had been President since May 2021.","Custer's employment agreement provides $195,000 base salary, $25,000 signing bonus, and 50,000 stock options at $3.43 per share.","Options vest over three years; agreement runs through June 16, 2025, with automatic renewal."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-015606","json":"https://secwatch.observer/filing/0001437749-22-015606.json","markdown":"https://secwatch.observer/filing/0001437749-22-015606.md","text":"https://secwatch.observer/filing/0001437749-22-015606.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/768408/000143774922015606/0001437749-22-015606-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/768408/000143774922015606/cyan20220617_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T00:09:41.648366+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6987b27b6e","claim":"Gerald Cysewski resigned as Chief Executive Officer at CYANOTECH CORP.","evidence_excerpt":"Effective as of June 16, 2022, Gerald Cysewski has resigned from his position as Chief Executive Officer of Cyanotech Corporation, a Nevada corporation (the “Company”), and as a Director of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/768408/000143774922015606/0001437749-22-015606-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"fc83eb5b72","claim":"Matthew K. Custer was appointed as President and Chief Executive Officer at CYANOTECH CORP.","evidence_excerpt":"Effective immediately upon Mr. Cysewski’s resignation, the Board of the Company has unanimously appointed Matthew K. Custer as President and Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/768408/000143774922015606/0001437749-22-015606-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}