[8-K] Mannatech Inc. Reports Material Event

Rhea-AI Filing Summary

Mannatech (NASDAQ:MTEX) filed an 8-K reporting an Item 5.02 management change.

The board promoted Peter Griscom, 36, to Chief Operating Officer effective July 1 2025. Griscom has run global operations since August 2024 and previously led product, innovation & supply chain. His background spans >10 years in direct selling, with expertise in manufacturing efficiency, product development and distributor education.

No departures, compensation changes or other material events were disclosed. A copy of the June 26 2025 press release is furnished as Exhibit 99.1.

Positive

• Promotion of experienced internal candidate to Chief Operating Officer may strengthen operational continuity and drive efficiency initiatives.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Internal COO promotion stabilises leadership, impact limited near-term.

The appointment keeps the C-suite intact, signalling succession planning without the disruption of an external hire. Griscom’s 18-month tenure running global operations should ease transition risk and sustain institutional knowledge. However, the filing omits incentive-based compensation or strategic mandate changes, so immediate shareholder impact is muted. Investors should watch Q3/Q4 gross-margin trends to gauge whether promised supply-chain efficiencies materialise.

Operations Analyst

TL;DR: Promotion could accelerate cost-to-serve improvements but proof will be in margins.

Griscom’s track record in product logistics suggests potential to compress lead times and cut COGS. Mannatech’s size means even modest efficiency gains translate to noticeable EPS leverage. Yet the 8-K contains no quantified targets or restructuring budget, limiting visibility. Execution risk persists given direct-selling complexity across multiple geographies. Monitor FY-2025 operating-expense ratio for evidence of impact.

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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): June 26, 2025

MANNATECH, INCORPORATED

(Exact Name of Registrant as Specified in its Charter)

Texas

000-24657

75-2508900

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

1410 Lakeside Parkway, Suite 200

Flower Mound,

Texas

75028

(Address of Principal Executive Offices, including Zip Code)

Registrant’s Telephone Number, including Area Code:

(972)

471-7400

(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 (see General Instruction A.2. below):

[ ] 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 class						Trading Symbol(s)			Name of each exchange on which registered
Common Stock,			par value $0.0001 per share			MTEX			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 (§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. o

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 26, 2025 Mannatech, Incorporated (the "Company") issued a press release announcing the promotion of Peter Griscom to Chief Operating Officer effective July 1, 2025.

Mr. Griscom, age 36, has served as the Company’s senior vice president of global operations since August 21, 2024 and prior to that served as the senior vice president of product, innovation, & supply chain from July 3, 2023 through August 20, 2024. Mr. Griscom has extensive experience working in the consumer goods space, including launching, leading, and restructuring companies while creating efficiencies in manufacturing, sales, and marketing. He has more than 10 years of experience in the direct selling channel focusing on product development and distributor education. Mr. Griscom earned a B.S. from the University of Auburn and a M.S. from the University of Utah.

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits

Exhibit Number			Description
99.1*			Press Release, dated June 26, 2025 titled ''Mannatech Announces promotion of Peter Griscom to Chief Operating Officer''

*Furnished 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.

Date: June 26, 2025

MANNATECH, INCORPORATED
By:			/s/ Landen Fredrick
			Landen Fredrick
			Chief Executive Officer

FAQ

Who was promoted to COO at Mannatech [[MTEX]] according to the June 26 2025 8-K?

The company promoted Peter Griscom, previously SVP of Global Operations, to Chief Operating Officer effective July 1 2025.

Did the 8-K report any executive departures at [[MTEX]]?

No. The filing only disclosed an internal promotion; there were no departures or resignations noted.

When will Peter Griscom assume the COO role at [[MTEX]]?

He will become COO on July 1 2025, as stated in the 8-K.

Were any compensation changes for the new COO disclosed in the 8-K?

The filing did not disclose compensation terms related to Peter Griscom’s promotion.

What exhibit accompanies Mannatech’s 8-K announcement?

Exhibit 99.1 is the press release titled “Mannatech Announces Promotion of Peter Griscom to Chief Operating Officer.”