PARKS AMERICA, INC 8-K

What Happened

• Parks! America, Inc. (PRKA) reported on Form 8-K that Geoff Gannon, who has served as the Company’s President and Chief Executive Officer since June 14, 2024, transitioned to full-time employment effective March 31, 2026.
• The Company and Mr. Gannon executed an Offer Letter dated April 7, 2026, which sets his annual base salary at $90,000, payable monthly, and provides eligibility for employer-paid health insurance subject to the Company’s ability to provide benefits. His employment is at-will.

Key Details

• Position: President and Chief Executive Officer (Geoff Gannon).
• Effective date of full-time status: March 31, 2026.
• Annual base salary: $90,000, paid monthly.
• Employment status: At-will; health insurance eligibility subject to company availability.
• The Offer Letter is filed as Exhibit 10.1 to the 8-K.

Why It Matters

• This filing confirms the company’s formal commitment to its CEO by moving him from a non–full-time role to full-time with a defined salary and benefits, which can signal operational consolidation of leadership.
• For investors, the change clarifies executive compensation and governance (who is running day-to-day operations) and may affect internal cost structure (salary and potential benefits).
• The action is administrative and non-speculative — it documents terms of employment rather than operational results or forecasts.