---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-002070"
form_type: "8-K"
ticker: "SUIG"
cik: "0001425355"
company_name: "SUI Group Holdings Ltd."
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:38:40.684176+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Mill City Ventures III enters two-year employment agreements with CEO Polinsky and CFO Geraci at $200k base salary each

## Summary
- CEO Douglas M. Polinsky and CFO Joseph A. Geraci II sign new employment agreements effective Jan 1, 2023 through Dec 31, 2024.
- Each executive receives $200,000 base annual salary, health insurance, and 401(k) eligibility.
- Agreements include two-year non-competition and non-solicitation covenants.
- Non-cause termination entitles executive to base salary through remainder of term; for cause/death/disability only salary through termination date.

## SEC filing metadata
- accession: 0001654954-23-002070
- form_type: 8-K
- ticker: SUIG
- cik: 0001425355
- company_name: SUI Group Holdings Ltd.
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425355/000165495423002070/0001654954-23-002070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425355/000165495423002070/mcvt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-002070
- JSON: https://secwatch.observer/filing/0001654954-23-002070.json
- Plain text: https://secwatch.observer/filing/0001654954-23-002070.txt

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