REED'S, INC. 8-K

What Happened
Reed's, Inc. filed an 8‑K on March 27, 2026, reporting that CEO and director Cyril A. Wallace, Jr. notified the board on March 23, 2026 of his intent to resign, effective March 24, 2026. Mr. Wallace will remain an employee through March 31, 2026. The filing states his departure was not due to any disagreement with the company. The board appointed Neal M. Cohane, the company’s Chief Operating Officer, as interim Chief Executive Officer and as a director effective March 24, 2026; he will serve until the company’s 2026 annual meeting or until a successor is appointed.

Key Details

• CEO Cyril A. Wallace, Jr. submitted notice March 23, 2026; resignation effective March 24, 2026; will remain employed through March 31, 2026.
• Neal M. Cohane (age 65) named interim CEO and added to the Board effective March 24, 2026.
• Cohane has served as COO since January 2026; previously Chief Sales Officer at Reed’s (Aug 2007–Dec 2022), Chief Sales Officer at Eastroc Beverage (Mar–Dec 2025), and founder of Rootstock Brands (Jan 2023–Feb 2025).
• Company disclosed no disagreements with Mr. Wallace and no related‑party transactions or special arrangements involving Mr. Cohane; Cohane has entered the company’s standard indemnification agreement.

Why It Matters
This 8‑K notifies investors of a change in the company’s principal executive officer and a board vacancy filled by an internal executive. The filing highlights continuity in leadership (an internal executive with extensive company history) and explicitly notes there were no disagreements with the departing CEO. Investors should note the interim status and the timetable (service through the 2026 annual meeting) for potential further leadership announcements.