secwatch.observer — SEC 8-K summary
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Issuer:     Optex Systems Holdings Inc (OPXS)
CIK:        0001397016
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001493152-25-026630
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Optex Systems CEO Danny Schoening resigns; Chad George appointed CEO effective Dec 20, 2025
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- Danny Schoening resigns as CEO effective Dec 20, 2025, remains Chairman of Board and facilities security officer.
- Chad George (formerly President) appointed President and CEO, elected to Board; base salary $300k, target bonus 30%, 3.5% annual increase, 200 hrs PTO.
- Board increased from 4 to 5 seats; George receives no additional compensation for director role.
- Schoening to receive $44k cash + $66k restricted stock (vests Jan 1, 2027) as annual director compensation starting 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397016/000149315225026630/0001493152-25-026630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397016/000149315225026630/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-026630

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