secwatch.observer — SEC 8-K summary
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Issuer:     PARKS AMERICA, INC (PRKA)
CIK:        0001297937
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0001493152-24-035360
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Parks! America CFO Todd R. White to resign effective Dec 31, 2024; board resignation also effective Sep 3, 2024
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- CFO Todd R. White will resign as CFO on Dec 31, 2024; continue salary until then.
- White also resigned from the Board of Directors as of Sep 3, 2024, with no disagreement.
- Separately, White sold 1,344,555 shares at $0.40 each to Focused Compounding Fund (total $537,822).
- Focused Compounding principals Geoffrey Gannon and Andrew Kuhn are current board members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1297937/000149315224035360/0001493152-24-035360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297937/000149315224035360/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-035360

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