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Park Aerospace raises COO Esquivel's pay to $400K

Park Aerospace Corp. (PKE) says its Compensation Committee approved an increase in President and Chief Operating Officer Mark A. Esquivel’s annual base salary from $270,000 to $400,000, effective September 28, 2026.

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Form Type
8-K

Rhea-AI Filing Summary

Park Aerospace Corp. (PKE) says its Compensation Committee approved an increase in President and Chief Operating Officer Mark A. Esquivel’s annual base salary from $270,000 to $400,000, effective September 28, 2026.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Prior annual base salary $270,000 Mark A. Esquivel
New annual base salary $400,000 Mark A. Esquivel, effective September 28, 2026
Effective date September 28, 2026 Annual base salary change

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What is Mark A. Esquivel’s new salary at PKE?

Mark A. Esquivel’s annual base salary will be $400,000, effective September 28, 2026, up from $270,000.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0000076267 0000076267 2026-09-24 2026-09-24
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): September 24, 2026
 
PARK AEROSPACE CORP.
(Exact Name of Registrant as Specified in Charter)
 
New York
1-4415
11-1734643
(State or Other Jurisdiction
of Incorporation)
(Commission File
Number)
(IRS Employer
Identification No.)
 
 
1400 Old Country Road, Westbury, New York
11590
(Address of Principal Executive Offices)
(Zip Code)
 
Registrant's telephone number, including area code (631) 465-3600
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
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 $.10 per share
PKE
New York Stock Exchange
 
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))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
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.
 
On September 24, 2026, the Compensation Committee of the Board of Directors of Park Aerospace Corp. (the “Company”) approved an increase in the annual base salary of Mark A. Esquivel, President and Chief Operating Officer of the Company, from $270,000 to $400,000, effective September 28, 2026.
 
SIGNATURE
 
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.
 
 
 
PARK AEROSPACE CORP.
 
 
 
Date: September 25, 2026
By:
/s/ Constantine Petropoulos
 
Name:
Constantine Petropoulos
 
Title:
Senior Vice President and Chief Financial Officer
 

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