secwatch.observer — SEC 8-K summary
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Issuer:     Outdoor Holding Co (POWW)
CIK:        0001015383
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001493152-22-035751
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMMO hires Jared Smith as COO/President effective Jan 3; Goodmanson resigns
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- Rob Goodmanson resigned as President (eff. Dec 31); will remain on board through Jan 5, 2023 annual meeting.
- Jared Smith appointed COO and President (eff. Jan 3); previously GM at Fiocchi, grew revenue from $95M to $200M+.
- Smith's contract: $475K base salary, 200K shares/year, performance bonus, and change-in-control vesting.
- Company repurchased ~150K shares at avg $1.92 under $30M buyback program; $29.7M remaining, expires Feb 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015383/000149315222035751/0001493152-22-035751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015383/000149315222035751/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-035751

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