---
schema_version: "secwatch.filing_event.v1"
accession: "0001851734-21-000029"
form_type: "8-K"
ticker: "CHUC"
cik: "0001134765"
company_name: "Charlie's Holdings, Inc."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T13:43:09.934731+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Charlie's Holdings CEO Brandon Stump resigns; board transitions to independent majority for exchange uplist

## Summary
- CEO Brandon Stump resigns effective Nov 3, 2021; remains largest shareholder.
- Board members David Allen and Keith Stump also resign to allow majority independent board.
- Resignation agreement: base salary through Apr 2022, $300k bonus paid in installments, continued benefits.
- Company plans uplist to national securities exchange; will appoint new independent director before Jan 1, 2022.
- COO Ryan Stump and President Henry Sicignano to lead management team.

## SEC filing metadata
- accession: 0001851734-21-000029
- form_type: 8-K
- ticker: CHUC
- cik: 0001134765
- company_name: Charlie's Holdings, Inc.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1134765/000185173421000029/0001851734-21-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1134765/000185173421000029/chuc20211102_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001851734-21-000029
- JSON: https://secwatch.observer/filing/0001851734-21-000029.json
- Plain text: https://secwatch.observer/filing/0001851734-21-000029.txt

## Key facts
- Executive change
  David Allen resigned as Member of the Board of Directors at Charlie's Holdings, Inc..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: On October 29, 2021, David Allen resigned from his position as a member of the Board of Directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1134765/000185173421000029/0001851734-21-000029-index.htm
- Executive change
  Brandon Stump resigned as Chief Executive Officer at Charlie's Holdings, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On October 29, 2021, Brandon Stump resigned from his position as: (i) Chief Executive Officer, Chair of the Board of Directors, and a member of the Board of Directors of Charlie’s Holdings, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1134765/000185173421000029/0001851734-21-000029-index.htm
- Executive change
  Keith Stump resigned as Member of the Board of Directors at Charlie's Holdings, Inc..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: On October 29, 2021, Keith Stump resigned from his position as a member of the Board of Directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1134765/000185173421000029/0001851734-21-000029-index.htm

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