---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-037573"
form_type: "8-K"
ticker: null
cik: "0001172631"
company_name: "Sunworks, Inc."
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T21:42:08.417907+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sunworks CEO Gaylon Morris steps down; Mark Trout appointed CEO and director effective Oct 16, 2023

## Summary
- Gaylon Morris resigned as CEO and director Oct 16, 2023; will remain as advisor through Dec 31, 2023.
- Mark Trout, 59, appointed CEO and director, effective Oct 16; previously Group CEO of Solcius (Sunworks' residential unit).
- Employment agreement: $475k base salary; annual bonus up to 200% of base (50% floor for 2023/2024); initial RSU grants of $650k.
- Trout has 35+ years experience; former CTO at Sunrun and Vivint Solar, President of WeLink Communications.

## SEC filing metadata
- accession: 0001493152-23-037573
- form_type: 8-K
- cik: 0001172631
- company_name: Sunworks, Inc.
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1172631/000149315223037573/0001493152-23-037573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1172631/000149315223037573/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-037573
- JSON: https://secwatch.observer/filing/0001493152-23-037573.json
- Plain text: https://secwatch.observer/filing/0001493152-23-037573.txt

## Key facts
- Executive change
  Gaylon Morris resigned as Chief Executive Officer at Sunworks, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On October 16, 2023, Gaylon Morris submitted to the Board of Directors (the "Board") of Sunworks, Inc. (the "Company") his resignation from his position as Chief Executive Officer and director of the Company, effective October 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315223037573/0001493152-23-037573-index.htm
- Executive change
  Mark Trout was appointed as Chief Executive Officer at Sunworks, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Effective October 16, 2023, the remaining Board appointed Mark Trout, age 59, who was the Group CEO of Solcius, the Company’s wholly owned residential solar business, as the Company’s Chief Executive Officer and as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315223037573/0001493152-23-037573-index.htm

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