REED

#4753
Reed's, Inc. Common Stock
0.8 8 USD
+0.01%
Market Price
Sektor: Konjunkturunabhängige Konsumgüter
Basis: USD
Gewinnwährung: USD
Tagesspanne
0.88
0.92
Jahresspanne
0.75
5.97
Tagesänderung
+1.15%
Monatliche Änderung
-6.38%
6 month change
-61.97%
Jahresänderung
-72.67%
Vorheriger Schlusskurs
0.8 7
Open
0.9 2
Tief
0.8 8
Hoch
0.9 2
Volumen
6
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, Q3 FY2019

Full document

Business Context and Reporting Period

This Form 8-K filing by REED's, INC. (Delaware corporation) covers events occurring on September 29 and September 30, 2019. The report details significant executive leadership changes, including the resignation of the CEO and President, the departure of the Chief Operating Officer, and the appointment of new interim and permanent leadership.

Key Financial Metrics

The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on corporate governance and executive compensation arrangements.

Material Changes

  • CEO Resignation: Valentin Stalowir resigned as CEO, President, and Director on September 29, 2019. He remains an employee through October 31, 2019, or until a separation agreement is finalized, to assist with the transition.
  • COO Departure: Stefan Freeman stepped down as Chief Operating Officer on September 30, 2019, remaining an employee during the transition period.
  • Interim CEO Appointment: John Bello, the Board Chairman, was appointed Interim Chief Executive Officer on September 30, 2019. Consequently, he resigned from the compensation, governance, and operating committees.
  • New COO Appointment: Norman E. Snyder was appointed Chief Operating Officer effective September 30, 2019.

Guidance, Outlook, and Compensation Details

The filing contains no financial guidance, outlook, or discussion of risks and contingencies. It details the compensatory arrangements for the new COO, Norman E. Snyder:

  • Base Salary: $250,000 per year.
  • Performance Bonus: Target amount of 30% of base salary.
  • Equity Award: Initial grant of 446,000 stock options (subject to board approval and plan availability) vesting in 90 days.
    • 50% (223,000 options) vest time-based over four years.
    • 50% (223,000 options) vest based on performance criteria to be determined by the Board.
  • Change of Control: The agreement includes acceleration of equity grants triggered by a "change of control."

Investor Verification Checklist

  • Verify the final terms of Valentin Stalowir's separation agreement and any associated severance costs.
  • Confirm the Board's approval of the 446,000 stock option grant to Norman E. Snyder and the specific performance criteria for the vesting of the second half of the award.
  • Monitor the transition timeline to ensure operational stability during the interim CEO period.
  • Review the press release (Exhibit 99.1) for additional context on the strategic rationale for these leadership changes.