CoverageForm 410-K10-Q8-K13D13G13F

VEEE Twin Vee Powercats, Co. - 8-K

Filed Apr 23, 2026. See issuer overview · financials · original on SEC.gov ↗
Accession
0001731122-26-000609
5.029.01

Item 5.02 - Departure/Election of Directors or Certain Officers

157 words

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.

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

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