secwatch.observer — SEC 8-K summary
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Issuer:     HF Foods Group Inc. (HFFG)
CIK:        0001680873
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001680873-24-000035
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680873/000168087324000035/0001680873-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680873/000168087324000035/hffg-20240531.htm
  HTML page:      https://secwatch.observer/filing/0001680873-24-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer