secwatch.observer — SEC 8-K summary
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Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0001493152-26-008333
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Andrew Gordon salary cut to $80k, gets $1.6M retention bonus if employed through 2030
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- Base salary reduced from $325,000 to $80,000 per annum effective Feb 1, 2026.
- Granted incentive bonus of $1.6M if employed until Jan 1, 2030; paid by March 16, 2030.
- If terminated without cause or resigns for good reason, full bonus payable within 30 days.
- Severance benefits now require signed general release; no new restrictive covenants imposed.
- Bonus pro-rated for disability or death; no bonus if terminated for cause or resigns without good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315226008333/0001493152-26-008333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315226008333/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-008333

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