ReposiTrak, Inc 8-K, filed May 4, 2020
ReposiTrak, Inc. (TRAK)
8-K
2020-05-04
For: 2020-04-29
View Original
Added on
April 07, 2026
About this 8-K
ReposiTrak, Inc filed this 8-K on May 4, 2020, reporting on events of April 29, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date of report
(Date of earliest event reported): April
29, 2020
Commission File
Number: 000-03718
Park
City Group, Inc.
(Exact name of
registrant as specified in its charter.)
|
Nevada
|
37-1454128
|
|
(State or other jurisdiction of
incorporation or organization)
|
(IRS Employer Identification
No.)
|
5282 S Commerce Drive, Suite D-292, Murray, Utah 84107
(Address of principal executive offices)
(Address of principal executive offices)
435-645-2000
(Registrant's Telephone number)
(Registrant's Telephone number)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
(Former Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Indicate by check
mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
240.12b-2)
Emerging growth
company [ ]
If an emerging
growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. [ ]
Securities
registered pursuant to Section 12(b) of the Act:
|
Title
of each class
|
Trading
Symbol(s)
|
Name
of exchange on which registered
|
|
Common stock, par value $0.01 per
share
|
PCYG
|
Nasdaq Capital
Market
|
Item 5.02
Departure of
Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain
Officers.
On April 29, 2020, William S. Kies, Jr. submitted his resignation
from his position as a member of the Board of Directors of Park
City Group, Inc. (the “Company”),
to be effective June 30, 2020. Mr. Kies did not resign as a result
of any disagreement with the Company on any matter relating to the
Company’s operations, policies or practices. A copy of Mr.
Kies’ letter of resignation is attached hereto as Exhibit
99.1 to this Current Report on Form 8-K.
Item
9.01
Financial
Statements and Exhibits.
See
Exhibit Index.
Exhibit
Index
|
Exhibit No.
|
|
Description
|
|
|
|
|
|
|
William S. Kies, Jr. Letter of
Resignation, dated April 29, 2020.
|
|
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
Date: May 4,
2020
|
Park City Group,
Inc.
By: /s/ John R.
Merrill
Name: John R. Merrill
Title: Chief Financial
Officer
|
April 29, 2020
Mr.
Randy Fields
Chairman and Chief Executive Officer Park City
Group, Inc.
5282 South Commerce Drive
Murray, UT 84107
Dear
Randy:
My affiliation with you and the Park City Group
reaches back eighteen years this month. As one of my
longest client affiliations of my twenty-six-year
consultancy,
the journey has been most
rewarding.
I am forever grateful for the special opportunity
to learn from you and assisting the team navigate the supermarket
sector for nearly two decades.
It was an honor to be nominated and elected to
your Board a decade ago.
The growth of the company and the
expansion of products/services have been truly amazing
.... from FMM to SQF to Repositrak to MarketPlace to
FoodSourceUSA - each a significant contribution to the retail
industry.
As I plan my next five years of industry
engagement and personal commitments, I wish to
share with you my decision not to stand for
reelection.
With an eye on the quarterly calendar
and the unprecedented circumstance with COVID-19, I hereby
submit my Board resignation effective June 30, 2020.
Please know my advocacy for the company will
continue.
It
has been a personal pleasure and professional privilege to be
affiliated with you and Park City Group. Thank you for allowing me
to take this incredible journey with you.
With sincere
gratitude,
·
William
S. Kies, Jr.
cc:
Ed Clissold
, General Counsel
1500 North
Astor Street #8
Chicago, IL 60610-1640 312.622.0076
Fax 312.642.9734
bill@kiesconsulting.com
www.kiesconsulting.com