{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-007071","form_type":"8-K","ticker":"YCBD","cik":"0001644903","company_name":"cbdMD, Inc.","filed_at":"2022-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.609445+00:00","generated_at":"2026-06-25T12:08:26.062710+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"cbdMD co-CEO Scott Coffman retires; Kevin MacDermott named President","bullets":["Scott Coffman retired as Co-CEO and President effective May 16, 2022; remains on board as vice-chairman.","Martin Sumichrast continues as CEO and Chairman.","Kevin MacDermott hired as President; base salary $285,000, increases to $350,000 upon first positive quarterly Adjusted EBITDA.","MacDermott granted 125,000 restricted shares and options to purchase 405,000 shares at $0.84, vesting over three years.","CFO T. Ronan Kennedy received a $100,000 performance bonus."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-007071","json":"https://secwatch.observer/filing/0001654954-22-007071.json","markdown":"https://secwatch.observer/filing/0001654954-22-007071.md","text":"https://secwatch.observer/filing/0001654954-22-007071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1644903/000165495422007071/0001654954-22-007071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1644903/000165495422007071/ycbd_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T12:08:26.062710+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a2c9c7eb45","claim":"Kevin MacDermott was appointed as President at cbdMD, Inc..","evidence_excerpt":"On the Effective Date, the Company entered into an Executive Employment Agreement with Kevin MacDermott pursuant to which Mr. MacDermott was hired to serve as the Company’s President.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1644903/000165495422007071/0001654954-22-007071-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"hired"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}