---
schema_version: "secwatch.filing_event.v1"
accession: "0001575872-23-000853"
form_type: "8-K"
ticker: "CTM"
cik: "0001877939"
company_name: "Castellum, Inc."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T15:02:08.477670+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Castellum outlines $6M annual expense reduction plan; CRO Buckhout resigns

## Summary
- CRO Laurie M. Buckhout resigned effective May 23, 2023; no replacement announced.
- Chair Bernard Champoux announced a program to cut $6M in annual cash and non-cash costs.
- Goal: achieve solidly cash operating profit positive without sacrificing growth strategy.
- Company will continue pursuing accretive acquisitions and upgrading business development teams.
- All seven director nominees elected at annual meeting; RSM US LLP ratified as auditor.

## SEC filing metadata
- accession: 0001575872-23-000853
- form_type: 8-K
- ticker: CTM
- cik: 0001877939
- company_name: Castellum, Inc.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877939/000157587223000853/0001575872-23-000853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877939/000157587223000853/ctm-20230524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001575872-23-000853
- JSON: https://secwatch.observer/filing/0001575872-23-000853.json
- Plain text: https://secwatch.observer/filing/0001575872-23-000853.txt

## Key facts
- Executive change
  Laurie M. Buckhout resigned as Chief Revenue Officer at Castellum, Inc..
  - Action: resigned
  - Role: Chief Revenue Officer
  source text: On May 23, 2023 Laurie M. Buckhout resigned her position as Chief Revenue Officer of Castellum, Inc. (the “Company”) effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877939/000157587223000853/0001575872-23-000853-index.htm
- Shareholder Votes
  Castellum, Inc. shareholders approved Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2023 at the 2023-05-25 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Stockholders approved a proposal to ratify the Company’s appointment of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2023. The votes regarding Proposal 2 are set forth below: For Against Abstentions 34,079,742 55,325 14,536
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877939/000157587223000853/0001575872-23-000853-index.htm
- Shareholder Votes
  Castellum, Inc. shareholders approved Election of seven directors to hold office until the next Annual Meeting of Stockholders at the 2023-05-25 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Stockholders elected seven directors of the Company to hold office until the next Annual Meeting of Stockholders and until their successors are duly elected and qualify. The name of each director elected, and the votes cast for such individuals are set forth below: Name For Withheld Mark S. Alarie 32,315,553 45,026 John F. Campbell 32,315,376 45,203 Bernard S. Champoux 32,300,235 60,344 Patricia Frost 32,312,401 48,178 Mark C. Fuller 31,268,125 1,092,454 C. Thomas McMillen 32,318,053 42,526 Jay O. Wright 31,265,206 1,095,373
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877939/000157587223000853/0001575872-23-000853-index.htm

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