secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2024-01-11T23:59:59+00:00
Accession:  0001437749-24-001221
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Tim Creed resigns; Edward Shensky appointed to Board; CFO Terreri employment agreement ratified
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- Tim Creed resigned from the Board effective January 5, 2024; Edward Shensky appointed same day.
- Edward Shensky receives $25,000 annual compensation under Non-Employee Director Compensation Plan; issued 1,233 shares on Jan 11, 2024.
- CFO Keith Terreri's Employment Agreement ratified on Jan 11, 2024; base salary $270,000, target bonus 25%.
- Terreri granted 27,000 stock options vesting 60% in year 3, 20% each in years 4 and 5.
- Severance: upon termination without Cause, Terreri receives monthly base salary for a period and pro-rata bonus, subject to release and 36-month non-compete.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000143774924001221/0001437749-24-001221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000143774924001221/sowg20240111_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-001221

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