Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 21, 2026, the Compensation Committee of the Board of Directors (the “Committee”) of Twin Vee PowerCats Co. (the “Company”) approved an increase in the base salary of Preston Yarborough, the Company’s Vice President, to $250,000 per annum. On April 22, 2026, the Company entered into an amendment (the “Yarborough Amendment”) to the employment agreement, effective as of July 23, 2021, by and between the Company and Mr. Yarborough, reflecting the increase in base salary and terminating that certain previous amendment, dated as of June 27, 2024. The foregoing summary of the Yarborough Amendment does not purport to be complete and is subject to and qualified in its entirety by reference to the full text of the Yarborough Amendment, attached as Exhibit 10.1 to this Current Report on Form 8-K, which is incorporated herein by reference.
VEEE Twin Vee Powercats, Co. - 8-K
Accession
0001731122-26-0006095.029.01
Item 5.02 - Departure/Election of Directors or Certain Officers
157 words
Item 9.01 - Financial Statements and Exhibits
62 words
Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are furnished with this Current Report on Form 8-K: Exhibit Number Exhibit Description 10.1 Amendment to Employment Agreement by and between Twin Vee PowerCats Co. and Preston Yarborough, dated April 22, 2026 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within in the inline XBRL document)