PSQ Holdings SVP of People resigns with severance

PSQ Holdings, Inc. reported that Michael Hebert resigned as Senior Vice President of People, effective May 31, 2026.

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Form Type

8-K

Rhea-AI Filing Summary

PSQ Holdings, Inc. reported that Michael Hebert resigned as Senior Vice President of People, effective May 31, 2026. Under a Severance Agreement and General Release dated May 26, 2026, he will receive total severance payments of $137,500, representing six months of pay, minus applicable withholdings.

Hebert will also receive subsidized COBRA health insurance from June 2026 through the earlier of December 2026 or the start of new employment, with his premium share approximating his regular employee contribution. He agreed to a general release in favor of the company and to continue honoring non-competition and non-solicitation covenants. The company states his resignation was not due to any disagreement over operations, policies, or practices.

8-K Event Classification

2 items: 5.02, 9.01

2 items

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.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Severance payment: $137,500 COBRA subsidy period: June–December 2026 Warrant exercise price: $11.50 per share +2 more

5 metrics

Severance payment $137,500 Total severance under Severance Agreement, representing six months’ pay

COBRA subsidy period June–December 2026 Subsidized COBRA coverage until December 2026 or earlier new employment

Warrant exercise price $11.50 per share Exercise price for redeemable warrants for Class A common stock

Common stock par value $0.0001 per share Par value of PSQ Holdings Class A common stock

Effective resignation date May 31, 2026 Date Michael Hebert’s resignation as SVP of People becomes effective

Key Terms

Severance Agreement and General Release, COBRA health insurance coverage, Non-Competition and Non-Solicitation Agreement, emerging growth company, +1 more

5 terms

Severance Agreement and General Release financial

"In connection with his resignation, the Company and Mr. Hebert entered into a Severance Agreement and General Release, dated May 26, 2026"

COBRA health insurance coverage financial

"Mr. Hebert is also entitled to subsidized COBRA health insurance coverage from June 2026 through the earlier of (i) December 2026 and (ii) the time that Mr. Hebert obtains new employment"

Non-Competition and Non-Solicitation Agreement financial

"Mr. Hebert will continue to abide by the restrictive covenants in his Non-Competition and Non-Solicitation Agreement with the Company"

emerging growth company regulatory

"Emerging growth company x"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Redeemable warrants financial

"Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share"

A redeemable warrant is a tradable right that lets its holder buy a company’s shares at a fixed price before a set date, but the issuer has the contract power to cancel (redeem) the warrant early under agreed terms. For investors this matters because early redemption can force decision-making, change the timing of when new shares might be created, and affect potential gains or dilution—much like a store coupon that the issuer can cancel by paying you off instead of letting you use it.

FAQ

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

What executive change did PSQ Holdings (PSQH) disclose in this 8-K?

PSQ Holdings disclosed that Michael Hebert resigned as Senior Vice President of People, effective May 31, 2026. The company stated that his resignation was not the result of any disagreement regarding its operations, policies, or practices, indicating it was a negotiated and orderly transition.

What severance will Michael Hebert receive from PSQ Holdings (PSQH)?

Michael Hebert will receive total severance payments of $137,500, representing six months of pay, minus applicable withholdings. This compensation is provided under a Severance Agreement and General Release dated May 26, 2026, which governs the terms of his departure from PSQ Holdings.

How will COBRA health coverage work for Michael Hebert after leaving PSQ Holdings (PSQH)?

After his resignation, Michael Hebert is entitled to subsidized COBRA health insurance from June 2026 through the earlier of December 2026 or when he obtains new employment. His share of the premium will approximate his prior regular employee contribution level during this period.

Does Michael Hebert remain subject to non-compete obligations with PSQ Holdings (PSQH)?

Yes. The Severance Agreement provides that Michael Hebert will continue to abide by the restrictive covenants in his existing Non-Competition and Non-Solicitation Agreement. He agreed not to solicit the company’s employees, consultants, or independent contractors and not to compete with PSQ Holdings following his departure.

What key document governs Michael Hebert’s departure from PSQ Holdings (PSQH)?

Michael Hebert’s departure is governed by a Severance Agreement and General Release dated May 26, 2026. This agreement sets his $137,500 severance, subsidized COBRA coverage terms, a general release in favor of the company, and confirmation of ongoing restrictive covenant obligations.

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

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Accepted by SEC EDGAR 06/01/2026 - 04:02 PM EDT

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): May 26 , 2026

PSQ Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-40457		86-2062844
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

515 W Aspen Street Suite 200C

Bozeman, Montana

59715

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (754) 264-8701

(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 class	Trading Symbol(s)	Name of each exchange on which registered
Class A common stock, par value $0.0001 per share	PSQH	New York Stock Exchange
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share	PSQH.WS	New York Stock Exchange

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 x

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.

Resignation of Michael Hebert

On May 26, 2026, Michael Hebert resigned from his position of Senior Vice President of People of PSQ Holdings, Inc. (the “Company”), effective May 31, 2026. In connection with his resignation, the Company and Mr. Hebert entered into a Severance Agreement and General Release, dated May 26, 2026 (the “Severance Agreement”), pursuant to which Mr. Hebert will receive total severance payments of $137,500, minus applicable withholdings, which represents six months’ pay. Mr. Hebert is also entitled to subsidized COBRA health insurance coverage from June 2026 through the earlier of (i) December 2026 and (ii) the time that Mr. Hebert obtains new employment, such that Mr. Hebert’s portion of the premium approximates his regular employee contribution premium. The Severance Agreement also contains a general release in favor of the Company and provides that Mr. Hebert will continue to abide by the restrictive covenants in his Non-Competition and Non-Solicitation Agreement with the Company, including his agreement not to (i) solicit the Company’s employees, consultants or independent contractors or (ii) compete with the Company. Mr. Hebert’s resignation was not the result of a disagreement between Mr. Hebert and the Company on any matter relating to the Company’s operation, policies, or practices.

The foregoing description of the Severance Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Severance Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit		Description
10.1		Severance Agreement and General Release, by and between PSQ Holdings, Inc. and Michael Hebert, effective as of May 26, 2026.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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.

	PSQ Holdings, Inc.

Date: June 1, 2026	By:	/s/ Jim Giudice
	Name:	Jim Giudice
	Title:	Chief Legal Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

EX-10.1 EXHIBIT 10.1 46.3 KB