---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-017209"
form_type: "8-K"
ticker: "OZSC"
cik: "0001679817"
company_name: "OZOP ENERGY SOLUTIONS, INC."
filed_at: "2021-07-19T23:59:59+00:00"
generated_at: "2026-06-30T04:30:58.985753+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ozop repurchases $11.25M in preferred shares from Cathy Chis; control shifts to CEO Brian Conway

## Summary
- Repurchased 47,500 Series C and 18,667 Series D preferred shares from Catherine Chis for $11.25M cash.
- Chis resigned as president and sole director of subsidiary Power Conversion Technologies, Inc. effective July 16, 2021.
- Chis subject to 5-year non-compete and non-solicit worldwide; mutual releases and non-disparagement.
- Voting control transferred from Chis to CEO Brian Conway via his Series C preferred stock ownership.
- William Yargeau appointed president and director of PCTI upon closing.

## SEC filing metadata
- accession: 0001493152-21-017209
- form_type: 8-K
- ticker: OZSC
- cik: 0001679817
- company_name: OZOP ENERGY SOLUTIONS, INC.
- filed_at: 2021-07-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 5.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679817/000149315221017209/0001493152-21-017209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679817/000149315221017209/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-017209
- JSON: https://secwatch.observer/filing/0001493152-21-017209.json
- Plain text: https://secwatch.observer/filing/0001493152-21-017209.txt

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