Crown Crafts terminates NoJo Baby & Kids CEO Donna Sheridan as part of consolidation

CROWN CRAFTS INC

Donna E. Sheridan terminated as President and CEO of NoJo Baby & Kids subsidiary effective Oct 27, 2025.
Her employment with NoJo ends Nov 30, 2025; termination is without cause under her Employment Agreement.
Severance benefits per Jan 2019 Employment Agreement; details incorporated by reference from June 2025 proxy.
Move part of consolidating internal operations; no successor announced.

item 5.02

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