---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-017828"
form_type: "8-K"
ticker: "REED"
cik: "0001140215"
company_name: "REED'S, INC."
filed_at: "2026-04-17T23:59:59+00:00"
generated_at: "2026-05-15T05:27:08.626183+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Former CEO Cyril Wallace separation finalized; Neal Cohane named Interim CEO

## Summary
- Cyril A. Wallace Jr. resigned as CEO and board member effective March 24, 2026; remains consultant through April 30, 2026.
- Separation agreement includes $58,333 severance (1 month salary), $2,836 COBRA lump sum, and waiver of sign-on bonus/relocation repayment.
- Additional cash payment of $36,336 (10,010 shares at $3.63) and restricted stock award of 36,657 shares under the 2020 Plan.
- Exhibit signed by Neal Cohane as Interim Chief Executive Officer, indicating new interim leadership.

## SEC filing metadata
- accession: 0001493152-26-017828
- form_type: 8-K
- ticker: REED
- cik: 0001140215
- company_name: REED'S, INC.
- filed_at: 2026-04-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140215/000149315226017828/0001493152-26-017828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140215/000149315226017828/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-017828
- JSON: https://secwatch.observer/filing/0001493152-26-017828.json
- Plain text: https://secwatch.observer/filing/0001493152-26-017828.txt

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