HF Foods finalizes CFO Carlos Rodriguez's separation with $400K severance and bonus

HF Foods Group Inc.

Severance: 1x base salary ($400,000) in three installments, plus a lump-sum bonus of 70% of base ($280,000).
RSUs (30,317) and PSUs (29,224) that would have vested April 15, 2024 are retained; all other unvested equity forfeited.
Rodriguez must cooperate with SIC/SLC, return company property by June 10, 2024, and adhere to non-disparagement.
Company will characterize departure as mutual in press releases; restricted reference check details provided.
Rodriguez releases all claims including ADEA; 21-day consideration and 7-day revocation periods apply.

item 5.02 item 9.01

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Departed

Carlos Rodriguez

Chief Financial Officer

HFFG · HF Foods Group Inc.

Effective: 2024-04-08
Filed: June 5, 2024, 7:59 PM ET

As previously disclosed, effective April 8, 2024, Carlos Rodriguez departed from his role as Chief Financial Officer of HF Foods Group Inc. (the “Company”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Carlos Rodriguez departed as Chief Financial Officer at HF Foods Group Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

As previously disclosed, effective April 8, 2024, Carlos Rodriguez departed from his role as Chief Financial Officer of HF Foods Group Inc. (the “Company”).

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Source: SEC EDGAR

accession 0001680873-24-000035

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