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[8-K] HF Foods Group Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

HF Foods Group Inc. disclosed a separation agreement with former CFO Cindy Yao following her separation on October 15, 2025. The agreement grants severance equal to one-half of her $375,000 annual base salary, paid over six months after the Separation Date, subject to a release of claims and standard payroll withholdings.

Ms. Yao may elect COBRA health coverage for herself and eligible dependents until the earliest of the six-month severance period’s end, the end of COBRA eligibility, or eligibility for substantially equivalent coverage through new employment. The agreement is filed as Exhibit 10.1 with limited redactions under Regulation S‑K Item 601(b)(10)(iv).

Positive
  • None.
Negative
  • None.

Insights

Routine CFO separation terms with modest cash impact; neutral.

HF Foods Group set standard severance for the former CFO: one-half of a $375,000 base salary paid over six months after the October 15, 2025 separation. Payment is conditioned on a release of claims, which is typical in executive departures.

The agreement allows COBRA continuation coverage until the earliest of the severance period’s end, COBRA eligibility expiration, or new-employment coverage eligibility. Cash flows are spread over six months via regular payroll, limiting near-term lump-sum effects.

The exhibit is filed with permitted redactions, indicating no additional material terms were highlighted in the excerpt. Overall, this is an administrative update without a clear impact on operating performance.

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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

Date of Report (Date of earliest event reported): October 30, 2025

HF FOODS GROUP INC.
(Exact name of registrant as specified in its charter)
Delaware 
State or other Jurisdiction of
    incorporation )  
001-38180
(Commission
File No.)
81-2717873
(IRS Employer
Identification No)
6325 South Rainbow Boulevard, Suite 420
Las Vegas, Nevada
(Address of principal executive offices)
 
89118
(Zip Code)

Registrant’s telephone number, including area code: (888)-905-0998

Not Applicable
(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 (17 CFR 230.425)

     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, $0.0001 par valueHFFG
Nasdaq Capital Market


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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

As previously disclosed, effective October 15, 2025 (the "Separation Date"), Cindy Yao separated from HF Foods Group Inc. (the “Company”) as the Chief Financial Officer of the Company. In connection with Ms. Yao's separation, the Company entered into a separation agreement with Ms. Yao on October 30, 2025 (the “Separation Agreement”). Under the Separation Agreement, Ms. Yao will be entitled, subject to her non-revocation of a general release of claims in favor of the Company, to one-half of her annual base salary of $375,000, paid out over a period of six (6) months following the Separation Date (the “Severance Period”) in accordance with the Company’s standard payroll policies and procedures, subject to deduction for applicable withholding taxes. Ms. Yao will also be eligible to elect group health plan continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) following the Separation Date, including coverage for eligible dependents, until the earliest of (i) the expiration of the Severance Period, (ii) the expiration of eligibility for continuation coverage under COBRA, or (iii) the date on which Ms. Yao becomes eligible for substantially equivalent health insurance coverage in connection with new employment.

The foregoing description of the terms and conditions of the Separation Agreement does not purport to be complete and is qualified in its entirety by the full text of the Separation Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.Description
10.1
Separation Agreement, effective October 30, 2025, between HF Foods Group Inc. and Cindy Yao.*
104Cover Page Interactive Data File (embedded within the Inline XBRL document)

*Certain portions of this exhibit have been omitted in accordance with Regulation S-K Item 601(b)(10)(iv) because they are both (i) not material to investors and (ii) the type of information that the Company customarily and actually treats as private or confidential, and have been marked with ‘‘[***]’’ to indicate where omissions have been made. The Company agrees to furnish supplementally an unredacted copy of the exhibit to the SEC upon its request.


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.

HF FOODS GROUP INC.
Date: November 5, 2025/s/ Paul McGarry
Paul McGarry
Interim Chief Financial Officer

FAQ

What did HF Foods (HFFG) disclose in this 8-K?

A separation agreement with former CFO Cindy Yao, effective October 30, 2025, following her separation on October 15, 2025.

How much severance will the former HFFG CFO receive and over what period?

One-half of her $375,000 annual base salary, paid over six months after the Separation Date, subject to a release of claims.

What COBRA coverage terms apply to the former HFFG CFO?

She may elect COBRA for herself and dependents until the earliest of the severance period’s end, COBRA eligibility expiration, or eligibility under new employment.

Where can investors find the full separation agreement for HFFG?

It is filed as Exhibit 10.1, with limited redactions under Regulation S‑K Item 601(b)(10)(iv).

Who signed the HFFG 8-K and in what capacity?

Paul McGarry signed as Interim Chief Financial Officer.
Hf Foods Group Inc

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Food Distribution
Wholesale-groceries & Related Products
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United States
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