---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-017529"
form_type: "8-K"
ticker: "RMCF"
cik: "0001616262"
company_name: "Rocky Mountain Chocolate Factory, Inc."
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T09:59:57.393313+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Appoints Allen Arroyo as CFO effective August 1, 2022, succeeding retiring Bryan Merryman

## Summary
- Allen Arroyo appointed CFO effective Aug 1, 2022, replacing Bryan Merryman who retired after 24 years.
- Annual base salary of $275,000; annual bonus target 30% of base salary.
- Special equity grant of $192,500 at target: 70% performance-based RSUs, 30% stock options.
- Severance: 9 months base salary plus pro-rated bonus and COBRA if terminated without cause or for good reason.
- Arroyo has over 30 years experience, most recently CFO at Nevoa Life Sciences.

## SEC filing metadata
- accession: 0001437749-22-017529
- form_type: 8-K
- ticker: RMCF
- cik: 0001616262
- company_name: Rocky Mountain Chocolate Factory, Inc.
- filed_at: 2022-07-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616262/000143774922017529/0001437749-22-017529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616262/000143774922017529/rmcfd20220721_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-017529
- JSON: https://secwatch.observer/filing/0001437749-22-017529.json
- Plain text: https://secwatch.observer/filing/0001437749-22-017529.txt

## Key facts
- Executive change
  Allen Arroyo was appointed as Chief Financial Officer at Rocky Mountain Chocolate Factory, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On July 18, 2022, Allen Arroyo was appointed as Chief Financial Officer of Rocky Mountain Chocolate Factory, Inc. (the “Company”), effective August 1, 2022 (the “Start Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616262/000143774922017529/0001437749-22-017529-index.htm
- Executive change
  Bryan J. Merryman retired as Chief Financial Officer at Rocky Mountain Chocolate Factory, Inc..
  - Action: retired
  - Role: Chief Financial Officer
  source text: Mr. Arroyo succeeds Bryan J. Merryman as Chief Financial Officer after his retirement from the Company after 24 years of service with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616262/000143774922017529/0001437749-22-017529-index.htm

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