secwatch.observer — SEC 8-K summary
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Issuer:     US Alliance Corp (—)
CIK:        0001463913
Form:       8-K
Filed at:   2026-06-02T18:41:19+00:00
Accession:  0001437749-26-019150
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Appoints Jeffrey Brown as VP & Principal Financial Officer of US Alliance Corp and President/COO of subsidiaries
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- Appoints Jeffrey Brown as VP & Principal Financial Officer of US Alliance Corp and President/COO of four wholly-owned subsidiaries, effective June 1, 2026.
- Employment agreement: 5-year term, $275,000 base salary, discretionary bonus subject to clawback for restatements.
- Grants 100,000 shares vesting over 10 years (10,000/yr); unvested shares forfeited if resigns without Good Reason within first 5 years.
- Severance upon termination without Good Cause or resignation with Good Reason: lump sum of 200% of highest prior 3-year W-2 earnings plus 12-month benefits.
- Agreement includes one-year non-compete and non-solicitation covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1463913/000143774926019150/0001437749-26-019150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1463913/000143774926019150/usac20260602_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-019150

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