REED

#4748
Reed's, Inc. Common Stock
0.9 0 USD
+0.02%
Market Price
Sektor: Konjunkturunabhängige Konsumgüter
Basis: USD
Gewinnwährung: USD
Tagesspanne
0.90
0.95
Jahresspanne
0.75
5.97
Tagesänderung
+2.27%
Monatliche Änderung
+7.14%
6 month change
-60.49%
Jahresänderung
-72.05%
Vorheriger Schlusskurs
0.8 8
Open
0.9 5
Tief
0.9 0
Hoch
0.9 5
Volumen
2
Vollständige Grafik anzeigen

Financials

Übersicht Finanzbericht Statistik Documents

2026

Current report, Q3 FY2026
REED's, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
REED's, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
REED's, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
REED's, INC. quarterly report, Q1 FY2026
10-Q

REED's, INC. current report, Q1 FY2020

Full document

Business Context and Reporting Period

This Form 8-K filing by REED's, INC. (REED) reports on corporate governance and executive compensation events occurring on February 19, 2020. The company is a Delaware corporation headquartered in Norwalk, CT, with common stock trading on The NASDAQ Stock Market LLC.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and compensation adjustments.

Material Changes

  • Executive Leadership Transition: Norman E. Snyder, Jr. was promoted from Chief Operating Officer to Chief Executive Officer, effective March 1, 2020. He succeeds John Bello, who served as Interim CEO since September 2019.
  • Role Reassignment: John Bello will step down as Interim CEO but will continue to serve as Chairman of the Board of Directors.
  • Director Compensation Reduction: The board reduced annual compensation packages for non-employee directors to $25,000 in cash plus restricted stock awards valued at $25,000, vesting quarterly.

Guidance, Outlook, and Management Commentary

Management commentary focuses on the seamless transition of leadership, highlighting Mr. Snyder's over 36 years of experience in the beverage industry, including prior roles at Avitae USA, Adina For Life, High Falls Brewing, Rheingold Brewing, and SoBe. No financial guidance or outlook was provided in this filing.

Compensation Details:

  • Norman E. Snyder, Jr.: Granted a one-time bonus of 150,000 Restricted Stock Awards (RSAs) vesting March 1, 2020. His initial base annual salary is set at $300,000. An executive employment agreement is being finalized.
  • John Bello: Granted 200,000 RSAs vesting March 1, 2020, as compensation for his services as Interim CEO.
  • Director Daniel J. Doherty III: Elected to forgo equity compensation included in standard packages for 2018 and 2019 that he had not previously received.

Investor Verification Checklist

  • Verify the final terms of the executive employment agreement for Norman E. Snyder, Jr.
  • Confirm the vesting schedule and conditions for the 150,000 RSAs granted to Mr. Snyder and the 200,000 RSAs granted to Mr. Bello.
  • Review the impact of the reduced director compensation on the company's overall equity dilution and cash burn.
  • Monitor the press release dated February 24, 2020 (Exhibit 99.1) for additional strategic context regarding the leadership change.