secwatch.observer — SEC 8-K summary
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Issuer:     Stablecoin Development Corp (SDEV)
CIK:        0001389545
Form:       8-K
Filed at:   2026-07-17T20:15:27+00:00
Accession:  0001437749-26-023764
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stablecoin Development appoints Henry Blynn as COO; CEO salary set at $400k for 2027
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- Henry Blynn appointed COO effective July 15, 2026; previously Head of Business Operations and Strategy since March 2026.
- Employment agreement: $300k base salary, target bonus 50% of base, severance of 6 months base salary (12 months if change in control).
- Blynn received 1,400,000 time-based RSUs vesting in three equal installments from Feb 2027 to Jan 2029.
- CEO Michael Kazley's annual salary set at $400,000 effective Jan 1, 2027; he served without salary since Oct 2025.
- Blynn's background includes roles at R01 Fund LP, FalconX, Infinedi, Harvest Partners, Jefferies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389545/000143774926023764/0001437749-26-023764-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389545/000143774926023764/nby20260716_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-023764

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