---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-003617"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T19:40:22.421703+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# AppTech Payments designates Albert L. Lord as Executive Chairman, formalizes CEO/COO employment

## Summary
- Albert L. Lord designated Executive Chairman effective May 4, 2026; steps down from Compensation Committee, no longer independent.
- CEO Thomas DeRosa employment formalized with $384,000 base salary plus discretionary bonus and equity/benefit plan eligibility.
- COO Anthony Shall employment formalized with $240,000 base salary plus discretionary bonus and equity/benefit plan eligibility.
- Both executives already serving; arrangements ratify terms of continuing employment.

## SEC filing metadata
- accession: 0001683168-26-003617
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316826003617/0001683168-26-003617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316826003617/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-003617
- JSON: https://secwatch.observer/filing/0001683168-26-003617.json
- Plain text: https://secwatch.observer/filing/0001683168-26-003617.txt

## Key facts
- Executive change
  Albert L. Lord was appointed as Executive Chairman at AppTech Payments Corp..
  - Action: designated
  - Role: Executive Chairman
  source text: the designation of Albert L. Lord as Executive Chairman of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316826003617/0001683168-26-003617-index.htm

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