---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-028705"
form_type: "8-K"
ticker: "PRKA"
cik: "0001297937"
company_name: "PARKS AMERICA, INC"
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:27:22.309715+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Director Lisa Brady resigns from Parks! America board citing concerns over strategic decisions and fiduciary duty risks

## Summary
- Lisa Brady resigned from Board effective July 18, 2024; she served as director since Nov 2021 and was President/CEO until June 14, 2024.
- Resignation letter cites significant concerns about strategic decisions, certain hirings, and potential breach of fiduciary duties by the Board.
- No replacement announced; Board thanked her for service.
- The resignation letter is filed as Exhibit 17.1.

## SEC filing metadata
- accession: 0001493152-24-028705
- form_type: 8-K
- ticker: PRKA
- cik: 0001297937
- company_name: PARKS AMERICA, INC
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297937/000149315224028705/0001493152-24-028705-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297937/000149315224028705/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-028705
- JSON: https://secwatch.observer/filing/0001493152-24-028705.json
- Plain text: https://secwatch.observer/filing/0001493152-24-028705.txt

## Key facts
- Executive change
  Lisa Brady resigned as Director at PARKS AMERICA, INC.
  - Action: resigned
  - Role: Director
  source text: On July 18, 2024, Lisa Brady, a member of the Board of Directors (the “Board”), notified Parks! America, Inc. (the “Company”) of her resignation from the Board effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297937/000149315224028705/0001493152-24-028705-index.htm

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