This is a routine CFO departure with an internal interim replacement and no severance cost — limited near-term stock impact. Monitor the search for a permanent CFO and any subsequent 10-Q filing for financial statement continuity.
Price Chart
Executive Summary
CFO Keith Regnante resigned effective August 3, 2026, to pursue other opportunities. Corporate Controller Annita Tanini was appointed interim principal financial and accounting officer effective August 4, 2026, with a base salary of $302,300. The company has commenced a search for a permanent CFO. The departure is stated as voluntary with no disagreement over accounting or operations, and Regnante receives no severance beyond accrued pay and COBRA eligibility.
Key Facts
- CFO Keith Regnante resigned effective August 3, 2026, to pursue other opportunities.
- Annita Tanini, Corporate Controller and VP of Finance, appointed interim principal financial and accounting officer effective August 4, 2026.
- Regnante's resignation is voluntary with no disagreement over accounting, financials, or internal controls.
- Regnante receives no severance — only accrued base salary, expense reimbursement, and COBRA continuation at his own expense.
- Tanini's compensation: $302,300 base salary, 30% target bonus, and six months severance on qualifying termination.
- Company has commenced a search for a permanent CFO.
Financial Impact
No material financial impact disclosed. CFO transition with interim appointment and no severance payout.
Risk Factors
- Extended CFO vacancy could delay financial reporting or strategic decisions.
- Interim CFO may lack public company CFO experience, increasing execution risk during the search period.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001664710-26-000038 |
| Document: 0001664710-26-000038-index-headers.html | 0001664710-26-000038 |
| Document: 0001664710-26-000038-index.html | 0001664710-26-000038 |
| Document: 0001664710-26-000038.txt | 0001664710-26-000038 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 8, 2026 23d ago | 8-K | $11.31 $11.04 | ▼ −2.39% | ▼ −2.05% | $11.33 (+0.18%) |
Aug 20, 2026 6w ago | Insider Cluster | $10.95 $11.23 | ▲ +2.56% | ▲ +1.44% | $11.33 (+3.47%) |
Aug 3, 2026 8w ago | 8-K | $10.25 $10.64 | ▲ +3.80% | ▲ +3.90% | $11.33 (+10.54%) |
Aug 3, 2026 8w ago | Press Release | $10.25 $10.64 | ▲ +3.80% | ▲ +3.90% | $11.33 (+10.54%) |
Jul 30, 2026 9w ago | 8-K | $10.07 $11.15 | ▲ +10.72% | ▲ +7.21% | $11.33 (+12.51%) |
Jul 22, 2026 10w ago | 8-K | $10.14 $10.22 | ▲ +0.79% | ▲ +0.31% | $11.33 (+11.74%) |
Jun 17, 2026 15w ago | Insider Cluster | $10.65 $10.41 | ▼ −2.25% | ▼ −0.59% | $11.33 (+6.38%) |
Jun 8, 2026 16w ago | Insider Cluster | $10.07 $10.24 | ▲ +1.69% | ▼ −0.72% | $11.33 (+12.51%) |
May 14, 2026 20w ago | 8-K | $10.99 $11.22 | ▼ −2.09% | ▼ −2.81% | $11.33 (−3.09%) |
May 14, 2026 20w ago | Press Release | $10.99 $11.22 | ▼ −2.09% | ▼ −2.81% | $11.33 (−3.09%) |
US Market Status
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