04/01/2026 | Press release | Distributed by Public on 04/01/2026 12:27
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On March 4, 2026, CreditRiskMonitor.com, Inc. (the "Company") filed a Current Report on Form 8-K ("Original Form 8-K") under Item 5.02 reporting the February 27, 2026 termination of employment of David Reiner, formerly the Company's Chief Accounting Officer. On March 19, 2026, the Company and Mr. Reiner entered into a Separation Agreement and General Release ("Separation Agreement") which became effective on March 27, 2026, which is the end of the revocation period set forth in the Separation Agreement. The Separation Agreement requires the Company to pay Mr. Reiner an aggregate of $120,000 in severance payments over three installment payments of $40,000 each and provides the Company with a general release of claims. The Separation Agreement is filed herewith as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description
10.1 Separation Agreement between David Reiner and the Company dated March 19, 2026 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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