Monitor for announcement of permanent CEO replacement. The interim leadership transition creates execution risk for near-term strategy, but the comprehensive separation package suggests an amicable departure.
Price Chart
Executive Summary
Reed's, Inc. CEO Cyril Wallace Jr. resigned effective March 31, 2026, and entered into a separation agreement providing severance and equity compensation. The company will be led by interim CEO Neal Cohane.
Key Facts
- CEO Cyril Wallace Jr. resigned effective March 31, 2026
- Separation agreement includes $58,333.33 severance (1 month salary), $2,836.60 COBRA payment, waiver of sign-on bonus repayment, $36,336.30 cash payment, and 36,657 vested restricted shares
- Wallace will serve as unpaid consultant until April 30, 2026 for transition assistance
- Neal Cohane appointed interim CEO
Financial Impact
Total separation package valued at approximately $144,000 including cash and equity (based on $3.63/share closing price)
Risk Factors
- Leadership transition risk with interim CEO in place
- Potential disruption to ongoing initiatives during transition period
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-017828 |
| Document: form8-k.htm | 0001493152-26-017828 |
| Document: 0001493152-26-017828-index-headers.html | 0001493152-26-017828 |
| Document: 0001493152-26-017828-index.html | 0001493152-26-017828 |
| Document: 0001493152-26-017828.txt | 0001493152-26-017828 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 26d ago | 8-K | $0.6718 | awaiting T+20 | — | $0.6773 (−0.82%) |
Aug 14, 2026 10w ago | 8-K | $1.07 $0.8457 | ▲ +20.96% | ▲ +18.99% | $0.6773 (+36.70%) |
Aug 11, 2026 10w ago | Press Release | $0.8850 $0.8713 | ▲ +1.55% | ▼ −0.35% | $0.6773 (+23.47%) |
May 12, 2026 23w ago | Press Release | $1.79 $1.70 | ▲ +5.03% | ▲ +4.42% | $0.6773 (+62.16%) |
Apr 24, 2026 26w ago | 8-K | $3.74 $1.81 | ▼ −51.60% | ▼ −56.56% | $0.6773 (−81.89%) |
Apr 17, 2026 27w ago | 8-K | $4.00 $1.89 | ▼ −52.75% | ▼ −56.95% | $0.6773 (−83.07%) |
Apr 8, 2026 28w ago | 8-K | $3.77 $3.49 | ▼ −7.43% | ▼ −14.99% | $0.6773 (−82.03%) |
Mar 24, 2026 30w ago | Press Release | $3.63 $3.75 | ▲ +3.31% | ▼ −4.56% | $0.6773 (−81.34%) |
Mar 11, 2026 32w ago | Press Release | $3.69 $3.83 | ▲ +3.79% | ▲ +1.82% | $0.6773 (−81.64%) |
US Market Status
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