---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-22-001180"
form_type: "8-K"
ticker: "VEEE"
cik: "0001855509"
company_name: "Twin Vee PowerCats, Co."
filed_at: "2022-07-06T23:59:59+00:00"
generated_at: "2026-06-24T21:04:29.186907+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Twin Vee PowerCats director resigns; Kevin Schuyler appointed to board and key committees

## Summary
- Steven Shallcross resigned from board and as chairman of audit and compensation committees effective June 30, 2022, with no disagreement.
- Kevin Schuyler appointed as Class III director and chairman of audit and compensation committees effective July 6, 2022.
- Schuyler is a senior managing director at CornerStone Partners and a director at Adial Pharmaceuticals (NASDAQ: ADIL).
- Schuyler receives standard non-employee director compensation, including options for 5,500 shares vesting monthly over 12 months.

## SEC filing metadata
- accession: 0001731122-22-001180
- form_type: 8-K
- ticker: VEEE
- cik: 0001855509
- company_name: Twin Vee PowerCats, Co.
- filed_at: 2022-07-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855509/000173112222001180/0001731122-22-001180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855509/000173112222001180/e3874_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-22-001180
- JSON: https://secwatch.observer/filing/0001731122-22-001180.json
- Plain text: https://secwatch.observer/filing/0001731122-22-001180.txt

## Key facts
- Executive change
  Kevin Schuyler was appointed as Class III Director at Twin Vee PowerCats, Co..
  - Action: appointed
  - Role: Class III Director
  source text: On July 6, 2022, the Board appointed Kevin Schuyler to serve as a Class III director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855509/000173112222001180/0001731122-22-001180-index.htm
- Executive change
  Steven A. Shallcross resigned as Director at Twin Vee PowerCats, Co..
  - Action: resigned
  - Role: Director
  source text: On June 30, 2022, Steven A. Shallcross, a member of the Board of Directors (the “Board”) of Twin Vee PowerCats Co. (the “Company”), notified the Company of his decision to resign, effective immediately, from his position as a member of the Board and related Committees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855509/000173112222001180/0001731122-22-001180-index.htm

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