---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-003086"
form_type: "8-K"
ticker: "GIFT"
cik: "0001760233"
company_name: "GIFTIFY, INC."
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:17:21.405818+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Giftify appoints Balazs Wellisch as COO of Restaurant.com subsidiary

## Summary
- Three-year employment agreement for Balazs Wellisch as COO, effective Jan 16, 2025.
- Annual base salary of $240,000 with minimum 5% annual merit increase and $25,000 minimum bonus.
- Severance includes 6 months' salary if terminated without cause or for good reason, plus accelerated equity vesting.
- Mr. Wellisch also enters into confidentiality and non-competition agreement for term plus one year.
- Mr. Wellisch previously served as CTO of Restaurant.com; now reports to CEO Ketan Thakker.

## SEC filing metadata
- accession: 0001493152-25-003086
- form_type: 8-K
- ticker: GIFT
- cik: 0001760233
- company_name: GIFTIFY, INC.
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760233/000149315225003086/0001493152-25-003086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760233/000149315225003086/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-003086
- JSON: https://secwatch.observer/filing/0001493152-25-003086.json
- Plain text: https://secwatch.observer/filing/0001493152-25-003086.txt

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