secwatch.observer — SEC 8-K summary
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Issuer:     REED'S, INC. (REED)
CIK:        0001140215
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001493152-26-017828
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Former CEO Cyril Wallace separation finalized; Neal Cohane named Interim CEO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226017828/0001493152-26-017828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226017828/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-017828

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