PSQ Holdings, Inc. 8-K

What Happened

• PSQ Holdings, Inc. announced the resignation of Michael Hebert from his role as Senior Vice President of People. He submitted his resignation on May 26, 2026, effective May 31, 2026, and the company and Mr. Hebert executed a Severance Agreement and General Release dated May 26, 2026.

Key Details

• Severance: Mr. Hebert will receive $137,500 (gross), representing six months' pay, subject to applicable withholdings.
• Health coverage: Company will subsidize COBRA health insurance from June 2026 through the earlier of (i) December 2026 or (ii) the date Mr. Hebert obtains new employment; his portion of the premium will approximate his prior employee contribution.
• Post-employment covenants: The agreement includes a general release in favor of PSQ and confirms Mr. Hebert will remain bound by his existing non-competition and non-solicitation obligations (no soliciting employees/contractors and no competing).
• No dispute: The filing states the resignation was not due to any disagreement with the company regarding its operations, policies, or practices.

Why It Matters

• For investors, this is an executive departure with a modest, defined cash cost and limited-term benefit expense (severance + COBRA subsidy). The company also retains contractual protections (non-compete/non-solicit and a release), which may help protect workforce stability and proprietary interests. The filing is procedural under Item 5.02 and includes the Severance Agreement details.