---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-032962"
form_type: "8-K"
ticker: "CPSH"
cik: "0000814676"
company_name: "CPS TECHNOLOGIES CORP/DE/"
filed_at: "2023-11-24T23:59:59+00:00"
generated_at: "2026-06-07T22:01:29.453981+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CPS Technologies enters executive employment and change of control agreement with CEO Brian Mackey

## Summary
- On November 21, 2023, CPS Technologies entered an executive agreement with CEO Brian Mackey.
- Agreement provides 12 months salary continuation on qualifying termination without cause.
- COBRA reimbursement for company-paid portion during salary continuation period.
- Unvested stock options accelerate fully upon a change in control or change in control termination.
- Agreement includes indemnification of Mackey under certain circumstances.

## SEC filing metadata
- accession: 0001437749-23-032962
- form_type: 8-K
- ticker: CPSH
- cik: 0000814676
- company_name: CPS TECHNOLOGIES CORP/DE/
- filed_at: 2023-11-24T23:59:59+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/814676/000143774923032962/0001437749-23-032962-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814676/000143774923032962/cpsh20231122c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-032962
- JSON: https://secwatch.observer/filing/0001437749-23-032962.json
- Plain text: https://secwatch.observer/filing/0001437749-23-032962.txt

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