secwatch.observer — SEC 8-K summary
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Issuer:     Rocky Mountain Chocolate Factory, Inc. (RMCF)
CIK:        0001616262
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001437749-22-017529
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616262/000143774922017529/0001437749-22-017529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616262/000143774922017529/rmcfd20220721_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-017529

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