{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-010836","form_type":"8-K","ticker":"CPSH","cik":"0000814676","company_name":"CPS TECHNOLOGIES CORP/DE/","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.343050+00:00","generated_at":"2026-06-16T20:26:36.952132+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CPS Technologies CEO McCormack resigns; CFO Griffith named acting president","bullets":["Michael McCormack resigned as President and CEO effective April 21, 2023; not related to any disagreement with the Company.","CFO Charles K. Griffith Jr. appointed acting president; Board initiates search for permanent CEO.","Griffith has been CFO since April 2019; receives $200K salary plus discretionary bonus ($95K for 2022 performance).","Under McCormack's leadership, CPS achieved record revenues and operating income; management expects another record year in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-010836","json":"https://secwatch.observer/filing/0001437749-23-010836.json","markdown":"https://secwatch.observer/filing/0001437749-23-010836.md","text":"https://secwatch.observer/filing/0001437749-23-010836.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814676/000143774923010836/0001437749-23-010836-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814676/000143774923010836/cpsh20230421_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T20:26:36.952132+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":"321b7fe8c2","claim":"Michael E. McCormack II resigned as President and Chief Executive Officer at CPS TECHNOLOGIES CORP/DE/.","evidence_excerpt":"On April 19, 2023, Michael E. McCormack II, the President and Chief Executive Officer of CPS Technologies Corp. (the “Company”) resigned from the Company, with an effective date of April 21, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814676/000143774923010836/0001437749-23-010836-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"b93e273a63","claim":"Charles K. Griffith, Jr. was appointed as acting president at CPS TECHNOLOGIES CORP/DE/.","evidence_excerpt":"the Board has appointed Charles K. Griffith, Jr., the Company’s current Chief Financial Officer, to serve as the acting president of the Company as the Board commences its search for a president and chief executive officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814676/000143774923010836/0001437749-23-010836-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"acting president"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}