---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-005441"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2026-07-10T15:11:32+00:00"
generated_at: "2026-07-10T15:12:04.546051+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AppTech Payments releases CEO Thomas DeRosa, appoints CFO Corrado as interim CEO

## Summary
- Thomas J. DeRosa removed as President and CEO effective July 1, 2026; remains on board.
- Felipe A. Corrado IV appointed interim CEO; continues as CFO and Treasurer.
- Corrado's compensation set at $300,000 in connection with the appointment.
- Corrado has over 20 years experience; served as CFO since December 2024.

## SEC filing metadata
- accession: 0001683168-26-005441
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2026-07-10T15:11:32+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316826005441/0001683168-26-005441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316826005441/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-005441
- JSON: https://secwatch.observer/filing/0001683168-26-005441.json
- Plain text: https://secwatch.observer/filing/0001683168-26-005441.txt

## Key facts
- Executive change
  Thomas J. DeRosa departed as President and Chief Executive Officer at AppTech Payments Corp..
  - Action: released
  - Role: President and Chief Executive Officer
  source text: On July 1, 2026, AppTech Payments Corp. (the “Company”) released Thomas J. DeRosa from his roles as President and Chief Executive Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316826005441/0001683168-26-005441-index.htm
- Executive change
  Felipe A. Corrado IV was appointed as Interim Chief Executive Officer at AppTech Payments Corp..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: Also on July 1, 2026, the Company appointed Felipe A. Corrado IV, age 47, as Interim Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316826005441/0001683168-26-005441-index.htm

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