Cycurion, Inc. 8-K

What Happened

• Cycurion, Inc. announced on May 28, 2026 that Chief Financial Officer Alvin McCoy III will step down effective May 31, 2026 and will transition to a strategic advisory role supporting growth and M&A activities.
• The company also announced that Ana Garcia (age 58) will become Chief Financial Officer effective June 1, 2026. The company entered into an offer letter dated May 21, 2026 setting Ms. Garcia’s compensation and severance terms.

Key Details

• Effective dates: McCoy steps down May 31, 2026; Garcia starts June 1, 2026.
• Base salary: Ms. Garcia will receive $300,000 per year.
• Bonus and equity: Eligible for an annual bonus up to 50% of base salary (up to $150,000), prorated for 2026; eligible for a one-time restricted stock unit award with a target value of $300,000 (subject to board approval) vesting over three years.
• Severance: If terminated without “Cause,” Garcia would receive six months’ base salary ($150,000), a pro rata earned bonus, and up to six months of Company-paid COBRA premiums, subject to a release.
• Role shift: McCoy will move into a strategic advisory role focused on strategic expansion and mergers & acquisitions.

Why It Matters

• A CFO change is material for investors because the CFO leads financial reporting, planning, and execution of finance-related strategic initiatives (including M&A). Ms. Garcia brings 20+ years of senior finance experience across public and private tech and services companies and has prior experience supporting M&A and post‑merger integration, which aligns with the company’s stated growth and M&A focus. The disclosed compensation and severance terms provide transparency on the company’s near-term cash and equity commitments tied to the new finance leader.