Did PARK AEROSPACE CORP. (PKE) disclose any related-party issues with its new CFO?

The company disclosed that no arrangements or family relationships influenced Mr. Petropoulos’s selection as CFO. It also stated he has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.

Park Aerospace names Petropoulos CFO, $425K pay

Q: What executive change did PARK AEROSPACE CORP. (PKE) announce on August 12, 2026?

PARK AEROSPACE CORP. appointed Constantine Petropoulos as Senior Vice President and Chief Financial Officer, effective August 12, 2026. He previously served as Senior Vice President and Chief Legal and Capital Markets Officer and has long tenure with the company and major law firms.

Q: What stock option grant did PARK AEROSPACE CORP. (PKE) give its new CFO?

Mr. Petropoulos received a stock option to purchase 25,000 shares of PARK AEROSPACE CORP. common stock at an exercise price of $37.47 per share. The option vests in four equal annual installments and has a ten-year term from the August 12, 2026 grant date.

Q: How do the CFO stock options at PARK AEROSPACE CORP. (PKE) vest?

The stock option granted to Mr. Petropoulos vests 25% on each of the first four anniversaries of the August 12, 2026 grant date. This creates a four-year vesting schedule before the full 25,000 shares become exercisable, with a ten-year expiration period.

PARK AEROSPACE CORP. appointed Constantine Petropoulos, age 48, as Senior Vice President and Chief Financial Officer, effective August 12, 2026.

Filing Impact

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Filing Sentiment

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Form Type

8-K

Rhea-AI Filing Summary

PARK AEROSPACE CORP. appointed Constantine Petropoulos, age 48, as Senior Vice President and Chief Financial Officer, effective August 12, 2026. He has held senior legal and capital markets roles at the company since 2014, with prior experience at Hughes Hubbard & Reed LLP, Scientific Games Corporation, Coca-Cola HBC SA, and Latham & Watkins LLP.

In connection with this appointment, his annual base salary increased from $357,000 to $425,000, effective August 12, 2026. He also received a stock option to purchase 25,000 shares of common stock under the 2018 Stock Option Plan, granted at an exercise price of $37.47 per share, vesting 25% on each of the first four anniversaries of the grant date and expiring ten years from the grant date. The company states there are no related-party relationships or transactions requiring disclosure.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

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.

Key Figures

CFO age: 48 New base salary: $425,000 Prior base salary: $357,000 +4 more

7 metrics

CFO age 48 Age of Constantine Petropoulos at appointment as CFO on August 12, 2026

New base salary $425,000 Annual base salary for Mr. Petropoulos effective August 12, 2026

Prior base salary $357,000 Annual base salary for Mr. Petropoulos before his CFO appointment

Stock options granted 25,000 shares Option grant to purchase common stock under the 2018 Stock Option Plan

Exercise price $37.47 per share Exercise price of the 25,000-share stock option granted August 12, 2026

Vesting schedule 25% per year over 4 years Option becomes exercisable as to 25% of shares on each of the first four anniversaries

Option term 10 years Stock option expires ten years from the August 12, 2026 grant date

Key Terms

Item 404(a) of Regulation S-K, 2018 Stock Option Plan, exercise price, anniversaries of the grant date

4 terms

Item 404(a) of Regulation S-K regulatory

"any transaction requiring disclosure pursuant to Item 404(a) of Regulation S-K"

2018 Stock Option Plan financial

"stock option to purchase 25,000 shares of the Company's common stock under the Company's 2018 Stock Option Plan"

exercise price financial

"has an exercise price of $37.47 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

anniversaries of the grant date financial

"becomes exercisable as to 25% of the underlying shares on each of the first four anniversaries of the grant date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What executive change did PARK AEROSPACE CORP. (PKE) announce on August 12, 2026?

PARK AEROSPACE CORP. appointed Constantine Petropoulos as Senior Vice President and Chief Financial Officer, effective August 12, 2026. He previously served as Senior Vice President and Chief Legal and Capital Markets Officer and has long tenure with the company and major law firms.

What is the new base salary for PARK AEROSPACE CORP. (PKE) CFO Constantine Petropoulos?

The Compensation Committee increased Mr. Petropoulos’s annual base salary to $425,000, effective August 12, 2026. This is up from a prior base salary of $357,000, reflecting his promotion to Senior Vice President and Chief Financial Officer.

What stock option grant did PARK AEROSPACE CORP. (PKE) give its new CFO?

Mr. Petropoulos received a stock option to purchase 25,000 shares of PARK AEROSPACE CORP. common stock at an exercise price of $37.47 per share. The option vests in four equal annual installments and has a ten-year term from the August 12, 2026 grant date.

How do the CFO stock options at PARK AEROSPACE CORP. (PKE) vest?

The stock option granted to Mr. Petropoulos vests 25% on each of the first four anniversaries of the August 12, 2026 grant date. This creates a four-year vesting schedule before the full 25,000 shares become exercisable, with a ten-year expiration period.

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

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Available on EDGAR 08/17/2026 - 04:41 PM Accepted by SEC EDGAR 08/17/2026 - 04:40 PM

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): August 12, 2026

PARK AEROSPACE CORP.

	(Exact Name of Registrant as Specified in Charter)


New York	1-4415	11-1734643
(State or Other Jurisdiction	(Commission File	(IRS Employer
of Incorporation)	Number)	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 August 12, 2026, the Company appointed Constantine Petropoulos, age 48, as Senior Vice President and Chief Financial Officer of the Company, effective immediately. Mr. Petropoulos has served as Senior Vice President and Chief Legal and Capital Markets Officer of the Company since January 2026, and prior thereto, Mr. Petropoulos served as Senior Vice President-Administration and General Counsel of the Company from February of 2025 to January of 2026.

Prior to rejoining the Company in February 2025, Mr. Petropoulos served as a Partner at Hughes Hubbard & Reed LLP, a New York law firm, from May 2021 to July 2024. Prior to that, Mr. Petropoulos served as Senior Vice President and General Counsel of the Company from September 2014 to May 2021. Prior to his originally joining the Company in September 2014, Mr. Petropoulos had been Managing Attorney at Scientific Games Corporation in New York City since November 2011. From September 2007 to October 2011, he was Senior Corporate Counsel, Finance & Strategic Development at Coca-Cola HBC SA in Athens, Greece, and from October 2002 to September 2007, he was an attorney at Latham & Watkins LLP in New York City.

There are no arrangements or understandings between Mr. Petropoulos and any other person pursuant to which he was selected as Senior Vice President and Chief Financial Officer. There are no family relationships between Mr. Petropoulos and any director or executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer. Mr. Petropoulos does not have a direct or indirect material interest in any transaction requiring disclosure pursuant to Item 404(a) of Regulation S-K.

In connection with Mr. Petropoulos's appointment, the Compensation Committee approved an increase in his annual base salary from $357,000 to $425,000, effective August 12, 2026, and the Stock Option Committee granted Mr. Petropoulos a stock option to purchase 25,000 shares of the Company's common stock under the Company's 2018 Stock Option Plan. The option was granted on August 12, 2026, has an exercise price of $37.47 per share, becomes exercisable as to 25% of the underlying shares on each of the first four anniversaries of the grant date, and expires ten years from the date of grant.

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: August 17, 2026	By:	/s/ Constantine Petropoulos
	Name:	Constantine Petropoulos
	Title:	Senior Vice President and Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents