---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-022919"
form_type: "8-K"
ticker: "OPXS"
cik: "0001397016"
company_name: "Optex Systems Holdings Inc"
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T15:18:14.271505+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Optex Systems appoints Chad George as President; amends bylaws

## Summary
- Chad George appointed President effective Aug 11, 2025; 20 years defense ops/supply chain experience at Leonardo DRS and Raytheon.
- Base salary $300,000 with 3.5% annual increases; target bonus 30% of base; 10,000 restricted shares vesting Jan 1, 2026.
- Employment term through July 1, 2028, automatically renewable; severance includes 6 months base salary for without-cause/good-reason terminations.
- Bylaws amended to add shareholder proposal/nomination deadlines, exclusive Delaware forum for derivative/fiduciary claims, and separate CEO and President roles.
- Non-competition and non-solicitation covenants last 5 years post-employment; non-disparagement clause included.

## SEC filing metadata
- accession: 0001641172-25-022919
- form_type: 8-K
- ticker: OPXS
- cik: 0001397016
- company_name: Optex Systems Holdings Inc
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 5.02, 9.0
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397016/000164117225022919/0001641172-25-022919-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397016/000164117225022919/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-022919
- JSON: https://secwatch.observer/filing/0001641172-25-022919.json
- Plain text: https://secwatch.observer/filing/0001641172-25-022919.txt

## Key facts
- Governance Changes
  Optex Systems Holdings Inc: Amended Bylaws to add shareholder proposal and nomination deadlines, clarify voting thresholds, create separate CEO position, add indemnification rights, and establish exclusive forum for certain actions (effective 2025-08-10).
  - Change: bylaw amendment
  - Effective: 2025-08-10
  source text: Effective August 10, 2025, the Board of Directors of Optex Systems Holdings, Inc. (the “Company”) amended the Company’s Bylaws as described below.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397016/000164117225022919/0001641172-25-022919-index.htm

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