---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-004120"
form_type: "8-K/A"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2026-05-19T20:34:15+00:00"
generated_at: "2026-05-19T20:37:08.345618+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AppTech appoints Robert Lipstein as independent director, designates Albert Lord as Executive Chairman

## Summary
- Albert L. Lord designated Executive Chairman; steps down from Compensation Committee, no longer independent.
- Employment arrangements formalized for CEO Thomas DeRosa ($384K base salary) and COO Anthony Shall ($240K base).
- Robert J. Lipstein, retired KPMG partner, appointed as independent Class II director and Audit Committee chair.
- Lipstein also serves on boards of Seacoast Banking, Firstrust Savings Bank; will resign from Onfolio Holdings by May 31, 2026.

## SEC filing metadata
- accession: 0001683168-26-004120
- form_type: 8-K/A
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2026-05-19T20:34:15+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316826004120/0001683168-26-004120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316826004120/apptech_8ka1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-004120
- JSON: https://secwatch.observer/filing/0001683168-26-004120.json
- Plain text: https://secwatch.observer/filing/0001683168-26-004120.txt

## Key facts
- Executive change
  Robert J. Lipstein was appointed as Independent Class II Director at AppTech Payments Corp..
  - Action: appointed
  - Role: Independent Class II Director
  source text: appointed Robert J. Lipstein to fill a vacancy on the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316826004120/0001683168-26-004120-index.htm
- Executive change
  Albert L. Lord changed role 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/1070050/000168316826004120/0001683168-26-004120-index.htm

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