---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-009176"
form_type: "8-K"
ticker: "CPSH"
cik: "0000814676"
company_name: "CPS TECHNOLOGIES CORP/DE/"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:42:39.545433+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CPS Technologies enters change-of-control severance agreement with CFO Griffith

## Summary
- Agreement provides 12 months salary continuation to CFO Charles Griffith upon change-of-control termination.
- Company will reimburse CFO's COBRA premiums for up to 12 months post-termination.
- All unvested stock options held by CFO will accelerate and vest upon change-of-control termination.
- CFO subject to 12-month non-compete and non-solicitation restrictions following termination.

## SEC filing metadata
- accession: 0001437749-23-009176
- form_type: 8-K
- ticker: CPSH
- cik: 0000814676
- company_name: CPS TECHNOLOGIES CORP/DE/
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: other_material
- 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/814676/000143774923009176/0001437749-23-009176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814676/000143774923009176/cpsh20230403b_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-009176
- JSON: https://secwatch.observer/filing/0001437749-23-009176.json
- Plain text: https://secwatch.observer/filing/0001437749-23-009176.txt

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