Short answer
ReposiTrak, Inc. (TRAK) filed an 8-K current report with the SEC on August 18, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CFO John R. Merrill secured a three-year employment term with automatic one-year renewals.
ReposiTrak, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CFO John R. Merrill secured a three-year employment term with automatic one-year renewals
- Annual base salary $325,000, retroactive to May 16, 2026
- Target annual bonus 60% of salary, with minimum bonus equal to 30% of target
- 75,000 restricted shares vesting in four equal annual installments
- Without-Cause termination or Good-Reason resignation triggers nine months’ salary, benefits, bonus eligibility, and equity acceleration
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other ReposiTrak, Inc. 8-K filings
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