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ECD Automotive Design (ECDA) shifts CTO to Product Development Director role

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ECD Automotive Design, Inc. reported a leadership change tied to a cost-restructuring initiative and a greater focus on product innovation. Effective December 4, 2025, former Chief Technology Officer Elliot Humble moved into a new role as Product Development Director. The company stated that this transition does not stem from any disagreement about its operations, policies, or practices.

In his new position, Mr. Humble will receive an annual salary of $195,000 and will be eligible for bonuses of up to $85,000 per year. His employment terms are set out in a new Employment Agreement dated November 13, 2025, which replaces his prior executive arrangement and is included as an exhibit to this report.

Positive

  • None.

Negative

  • None.

Insights

Officer role change tied to cost restructuring and innovation focus; governance impact appears limited and operationally targeted.

The company discloses a role change for Elliot Humble from Chief Technology Officer to Product Development Director, linked to a cost-restructuring initiative and a stated focus on product innovation. This is a reportable officer transition under Item 5.02, but the disclosure clarifies there is no disagreement with the company on operations, policies, or practices. The new role includes an annual salary of $195,000 and eligibility for bonuses up to $85,000 per year, under a new employment agreement dated November 13, 2025.

The filing indicates continuity in the relationship through a fresh employment agreement that supersedes the prior executive arrangement, which can help maintain institutional knowledge while adjusting responsibilities. The explicit statement of no disagreement reduces governance risk perceptions commonly associated with officer departures. The change also aligns formally with the company’s referenced cost-restructuring initiative, while tying Mr. Humble’s role more directly to product development.

The attached Exhibit 10.1 (the November 13, 2025 Agreement) is the key document governing compensation, duties, and protections, and may merit closer review for any performance conditions, severance, or change-in-control terms. From a monitoring perspective, the relevant horizon is the period after December 4, 2025, to see how this revised technical leadership structure supports the company’s product innovation emphasis under the new cost framework.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
 
December 4, 2025
Date of Report (Date of earliest event reported)
 
ECD AUTOMOTIVE DESIGN, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
 
001-41497
 
86-2559175
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
 
4390 Industrial Lane
Kissimmee, Florida
 
34758
(Address of Principal Executive Offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code: (407) 483-4825
 
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Common Stock
 
ECDA
 
The Nasdaq Stock Market LLC
Warrants
 
ECDAW
 
The Nasdaq Stock Market LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
 
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 


 
 

 
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
Transition of Former Officer
 
          On December 4, 2025, as part of ECD Automotive Design, Inc.'s (the "Company") cost-restructuring initiative and increased focus on product innovation, Elliot Humble, who previously served as Chief Technology Officer, transitioned into a new role as Product Development Director. Mr. Humble’s transition is not the result of any disagreement with the Company regarding its operations, policies, or practices.  In his new position, Mr. Humble will be paid an annual salary of $195,000 and be eligible to earn bonuses up to $85,000 per year.  The terms of Mr. Humble's employment with the Company are governed by the Employment Agreement, dated November 13, 2025 (the "November 13, 2025 Agreement"), between ECD Automotive Design, Inc. and Elliot Humble, which supersedes his prior executive employment arrangement.  A copy of the November 13, 2025 Agreement is attached hereto as Exhibit 10.1.
 
 
 
 

 
Item 9.01. Financial Statements and Exhibits.
 
(c) Exhibits.
 
The following exhibits are filed as part of, or incorporated by reference into, this Report.
 
No.
 
Description of Exhibit
10.1*
 
Employment Agreement, dated November 13, 2025, between ECD Automotive Design, Inc. and Elliot Humble
104*
 
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
 
*
Filed herewith.
 
 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: December 10, 2025
   
     
 
ECD AUTOMOTIVE DESIGN, INC.
     
 
By:
/s/ Scott Wallace
 
Name: 
Scott Wallace
 
Title:
Chief Executive Officer
 
 
 

FAQ

What leadership change did ECD Automotive Design (ECDA) announce?

ECD Automotive Design announced that Elliot Humble, formerly Chief Technology Officer, transitioned to the role of Product Development Director effective December 4, 2025.

Why did ECD Automotive Design (ECDA) change Elliot Humble’s role?

The company linked the change to its cost-restructuring initiative and an increased focus on product innovation, while noting there was no disagreement with Mr. Humble.

What is Elliot Humble’s new compensation at ECD Automotive Design (ECDA)?

In his new Product Development Director role, Elliot Humble will receive a $195,000 annual salary and be eligible for bonuses up to $85,000 per year.

Did ECD Automotive Design (ECDA) report any disagreement with Elliot Humble?

No. The company stated that Mr. Humble’s transition is not the result of any disagreement regarding its operations, policies, or practices.

What agreement governs Elliot Humble’s new role at ECD Automotive Design (ECDA)?

His role is governed by an Employment Agreement dated November 13, 2025, which supersedes his prior executive employment arrangement and is filed as Exhibit 10.1.

What form did ECD Automotive Design (ECDA) use to disclose this leadership change?

The company disclosed the leadership transition on a Form 8-K under the item covering departures and appointments of certain officers and related compensatory arrangements.

ECD Automotive Design

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