Management ChangeMay 4, 2026, 04:38 PM
PSQ Holdings CFO James Rinn Departs; Severance Agreement Details
AI Summary
PSQ Holdings, Inc. announced the departure of its Chief Financial Officer, James Rinn, effective April 30, 2026, as previously disclosed. In connection with his resignation, Mr. Rinn and the Company entered into a Severance Agreement and General Release. Under the agreement, 83,333 restricted stock units (RSUs) were accelerated and vested, while 166,667 unvested RSUs were forfeited. Mr. Rinn also agreed to continue abiding by non-competition and non-solicitation covenants for one year post-separation.
Key Highlights
- James Rinn resigned as Chief Financial Officer of PSQ Holdings, Inc., effective April 30, 2026.
- Severance Agreement entered on April 29, 2026, between Mr. Rinn and the Company.
- 83,333 restricted stock units (RSUs) out of 250,000, due to vest on June 1, 2026, were accelerated and vested on April 30, 2026.
- The remaining 166,667 unvested RSUs were forfeited.
- Mr. Rinn will abide by restrictive covenants, including a one-year non-solicitation and non-competition agreement.
Price Impact
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