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0000050471
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2026-03-13
2026-03-13
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): March 13, 2026
REPOSITRAK, INC.
(Exact name of Registrant as specified in its Charter)
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Nevada
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001-34941
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37-1454128
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(State or other jurisdiction of
incorporation)
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(Commission File No.)
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(IRS Employer Identification No.)
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5282 South Commerce Drive, Suite D292, Murray, Utah 84107
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(Address of principal executive offices)
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(435) 645-2000
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(Registrant’s Telephone Number)
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Not Applicable
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(Former name or address, if changed since last report)
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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):
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of exchange on which registered
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Common stock, par value $0.01 per share
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TRAK
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New York Stock Exchange
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2)
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; Compensation Arrangements of Certain Officers.
On March 17, 2026, ReposiTrak, Inc. (the “Company”) issued a press release announcing the appointment of James Gillis as a member of the Board of Directors (the “Board”), effective March 13, 2026. Mr. Gillis was also appointed as a member of the Audit and Compensation Committees of the Board of Directors.
Mr. Gillis, 72, is currently the Chief Executive Officer of Gillis & Associates, Inc., an M&A advisory firm that helps buyers and sellers in complex transactions. Mr. Gillis previously served on the Board of ReposiTrak Inc. from February 2008 to March 2015. From 1993 to 2011, he was the CEO of Source Interlink Companies, Inc. From 1989 to 1993, Mr. Gillis was Managing Partner of Aders, Wilcox, Gillis Group, a global developer of trade relationships serving major brand marketers and retailers worldwide. He currently serves on the boards of AST/EQ American Stock Transfer & Trust Company, LLC (AST / EQ), SPAR Group, Inc., and Travelport Worldwide LTD. He is an advisor to Siris Capital Group and Platinum Equity, and has served on the boards and committees of multiple companies including Source Interlink, and Globe Communications. He attended Nova University in Fort Lauderdale.
The Board has determined that Mr. Gillis qualifies as an independent director under the listing standards of the New York Stock Exchange and the director independence standards set forth in the Company’s Corporate Governance Guidelines.
There are no arrangements or understandings between Mr. Gillis and any other person pursuant to which he was selected as a director, and Mr. Gillis is not a participant in any related party transaction required to be reported pursuant to Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
A copy of the press release announcing Mr. Gillis’ appointment is attached hereto as Exhibit 99.1.
The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 7.01 by reference. The information in this Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit
Number
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Description
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99.1
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Press Release, dated March 17, 2026
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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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.
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REPOSITRAK, INC.
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Date: March 17, 2026
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/s/ John Merrill
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John Merrill
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Chief Financial Officer
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Exhibit 99.1
James Gillis Rejoins ReposiTrak Board of Directors
SALT LAKE CITY March 17, 2026—ReposiTrak (NYSE: TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced that James R. Gillis, CEO of Gillis & Associates, Inc., will rejoin its Board of Directors effective Friday, March 13, 2026.
A respected leader and long-time supporter of ReposiTrak’s mission, Mr. Gillis brings more than 35 years of experience in retail supply chain management, business development and organizational growth. His proven expertise in leading complex mergers, driving operational efficiency and building trusted relationships across the retail, financial and technology sectors will complement the company’s ongoing efforts to scale and innovate across its network of retailers, wholesalers and suppliers.
“We’re thrilled to welcome Jim back to our Board,” said Randy Fields, Chairman and CEO of ReposiTrak. “He brings a unique blend of operational insight and strategic perspective that has been instrumental to our success over the years. Jim’s extensive background in retail merchandising, M&A and supply chain transformation will be invaluable as ReposiTrak accelerates its growth and continues to deliver measurable value to our customers and shareholders.”
Prior to Gillis & Associates, an M&A advisory firm, Mr. Gillis served as CEO of Source Interlink Companies, Inc., where he helped grow the business into a $2.5 billion marketing, merchandising and distribution conglomerate servicing more than 1,000 retail chains with 110,000 locations. Earlier in his career, he was President and Owner of Brand Manufacturing Corporation, a leading designer and manufacturer of retail display systems. He currently serves on the boards of SPAR Group (Chairman), AST/EQ and TPx, and advises Siris Capital Group and Platinum Equity.
“ReposiTrak has always been a business I deeply respect. It blends technology, supply chain transformation and a commitment to strengthening partnerships across retail,” said James Gillis. “I look forward to working again with Randy and the exceptional leadership team to help guide the company through its next phase of innovation and expansion.”
About ReposiTrak
ReposiTrak (NYSE: TRAK) provides retailers, suppliers, food manufacturers and wholesalers with a robust solution suite to help reduce risk and remain in compliance with regulatory requirements, enhance operational controls and increase sales with unrivaled brand protection. Consisting of three product families – food traceability, compliance and risk management and supply chain solutions – ReposiTrak’s integrated, cloud-based applications are supported by an unparalleled team of experts. For more information, please visit https://repositrak.com
Investor Relations Contact:
John Merrill | Chief Financial Officer | Investor-relations@repositrak.com
Or
Rob Fink | FNK IR | +1 646.809.4048 | rob@fnkir.com
Media Contact | ReposiTrak
Ronald Margulis | RAM Communications | +1 908.272.3930 | ron@rampr.com
