---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-009042"
form_type: "8-K"
ticker: "TRCK"
cik: "0001045942"
company_name: "Track Group, Inc."
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T08:57:26.873850+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Track Group CFO Peter Poli resigns, appointed to Board; Controller James Berg named new CFO

## Summary
- Peter Poli resigns as CFO effective March 31, 2024; will join Board of Directors on April 1, 2024.
- James Berg, Controller since November 2022, appointed CFO effective April 1, 2024.
- Berg's employment agreement: $190,000 base salary, annual bonus, two-year term renewable; severance of 6 months base salary if terminated without cause.
- Separation agreement includes 12 months COBRA reimbursement and reaffirmation of confidentiality and non-compete covenants.
- Poli's resignation not due to any dispute with the company, per the filing.

## SEC filing metadata
- accession: 0001437749-24-009042
- form_type: 8-K
- ticker: TRCK
- cik: 0001045942
- company_name: Track Group, Inc.
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045942/000143774924009042/0001437749-24-009042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045942/000143774924009042/trkg20240322_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-009042
- JSON: https://secwatch.observer/filing/0001437749-24-009042.json
- Plain text: https://secwatch.observer/filing/0001437749-24-009042.txt

## Key facts
- Executive change
  Peter Poli was appointed as member of the Board of Directors at Track Group, Inc..
  - Action: appointed
  - Role: member of the Board of Directors
  source text: Mr. Poli will be appointed as a member of the Board of Directors of the Company, effective April 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045942/000143774924009042/0001437749-24-009042-index.htm
- Executive change
  James Berg was appointed as Chief Financial Officer at Track Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: James Berg, current Controller of the Company, was appointed to serve as the Chief Financial Officer of the Company beginning April 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045942/000143774924009042/0001437749-24-009042-index.htm
- Executive change
  Peter Poli resigned as Chief Financial Officer at Track Group, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Peter Poli, Chief Financial Officer of Track Group, Inc. (the “ Company ”), has informed the Company of his intention to resign from his position as Chief Financial Officer of the Company, effective March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045942/000143774924009042/0001437749-24-009042-index.htm

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