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  4. [8-K] WASTE ENERGY CORP. Reports Material Event

Waste Energy Corp (WAST) shifts finance roles to interim CFO and officers

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Waste Energy Corp. reported leadership changes in its finance function. On June 30, Chief Financial Officer, Treasurer and Secretary Braden Glasbergen resigned effective immediately for personal reasons, with no disagreements stated regarding the company’s operations or policies.

Effective July 1, 2026, Chairman, President and Chief Executive Officer Scott Gallagher, age 59, was appointed Interim Chief Financial Officer, and director W. Scott McBride, age 54, was appointed Interim Treasurer and Secretary. Both will receive no additional compensation. The company disclosed that Mr. McBride’s daughter provides research and development consulting services.

Positive

  • None.

Negative

  • None.

Insights

Finance leadership shifts to existing executives, concentrating key roles temporarily.

The company’s long‑time executive leader, Scott Gallagher, is taking on Interim Chief Financial Officer duties while retaining his roles as Chairman, President and CEO. This consolidates strategic and financial oversight in a single individual, which can streamline decisions but reduces role separation.

Director W. Scott McBride assumes Interim Treasurer and Secretary without extra compensation, suggesting a stopgap, board-driven solution rather than a permanent restructuring. The company states the prior CFO resigned for personal reasons and without disagreements, framing this as a governance transition rather than a conflict-driven departure.

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.
CFO resignation date June 30, 2026 Effective date of Braden Glasbergen’s resignation
Interim appointments effective date July 1, 2026 Start date for interim CFO, Treasurer and Secretary roles
Scott Gallagher age 59 Age of Chairman, President, CEO and Interim CFO
W. Scott McBride age 54 Age of director and Interim Treasurer and Secretary
Additional compensation for new roles None No extra pay for Gallagher or McBride in interim positions
Interim Chief Financial Officer financial
"the Board of Directors appointed Scott Gallagher to serve as Interim Chief Financial Officer"
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
Interim Treasurer and Secretary financial
"appointed Scott Gallagher to serve as Interim Chief Financial Officer and W. Scott McBride to serve as Interim Treasurer and Secretary"
Emerging growth company regulatory
"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"
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.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
Regulation S-K regulatory
"no transactions involving Mr. Gallagher requiring disclosure under Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.

FAQ

Why did Waste Energy Corp (WAST) announce a CFO change?
Waste Energy Corp reported that Chief Financial Officer, Treasurer and Secretary Braden Glasbergen resigned effective June 30 for personal reasons. The company specifically noted his resignation was not due to any disagreement over operations, policies or practices, indicating a non-conflict-related leadership transition.

Who is serving as Interim CFO at Waste Energy Corp (WAST)?
Scott Gallagher, age 59, has been appointed Interim Chief Financial Officer effective July 1, 2026. He already serves as Chairman, President and Chief Executive Officer and has prior experience as CFO of other public companies, and will receive no additional compensation for these interim duties.

What new roles did director W. Scott McBride take at Waste Energy Corp (WAST)?
Effective July 1, 2026, director W. Scott McBride, age 54, was appointed Interim Treasurer and Secretary. He has prior experience in secretary and treasurer roles and will not receive additional compensation, indicating a board-level interim solution for these corporate officer positions.

Did Waste Energy Corp (WAST) disclose any conflicts involving new officer W. Scott McBride?
The company disclosed that W. Scott McBride’s daughter, Marley McBride, provides research and development consulting services. Aside from this family connection, Waste Energy Corp reported no other arrangements or understandings related to his appointment requiring disclosure under applicable regulations.

Did Waste Energy Corp (WAST) report disagreements with departing CFO Braden Glasbergen?
No. Waste Energy Corp stated that Braden Glasbergen’s resignation as Chief Financial Officer, Treasurer and Secretary was for personal reasons and explicitly noted it was not due to any disagreement regarding operations, policies or practices requiring disclosure under securities laws.

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

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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) July 6, 2026

 

WASTE ENERGY CORP.

(Exact name of registrant as specified in its charter)

 

Nevada   000-55049   27-3098487

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

 

 

3250 Oakland Hills Court, Fairfield, CA 94534

(Address of principal executive offices and Zip Code)

 

Registrant’s telephone number, including area code: 424.570.9446

 

Not applicable

(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))

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Nil   N/A   N/A

 

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. ☐

 

 

 

 

 

 

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

 

On June 30th, Braden Glasbergen resigned as the Company’s Chief Financial Officer, Treasurer and Secretary, effective immediately, for personal reasons. Mr. Glasbergen’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices requiring disclosure under applicable securities laws.

 

Effective July 1, 2026, the Board of Directors appointed Scott Gallagher to serve as Interim Chief Financial Officer and W. Scott McBride to serve as Interim Treasurer and Secretary.

 

Scott Gallagher (age 59). Mr. Gallagher has served as the Company’s President since 2022 and as Chairman and Chief Executive Officer since 2024. He has previously served as chief financial officer of other publicly traded companies and is experienced in public company disclosure and reporting requirements. Mr. Gallagher will receive no additional compensation in connection with his appointment as Interim Chief Financial Officer. There are no family relationships between Mr. Gallagher and any director or executive officer of the Company, no transactions involving Mr. Gallagher requiring disclosure under Item 404(a) of Regulation S-K, and no arrangements or understandings between Mr. Gallagher and any other person pursuant to which he was appointed to this position.

 

W. Scott McBride (age 54). Mr. McBride has served as a director of the Company since 2024. He holds a Master’s degree and has previously served in the capacity of secretary and/or treasurer for other organizations. Mr. McBride will receive no additional compensation in connection with his appointment as Interim Treasurer and Secretary. Mr. McBride’s daughter, Marley McBride, provides research and development consulting services to the Company. There are no other arrangements or understandings between Mr. McBride and any other person pursuant to which he was appointed to this position.

 

Item 9.01 Financial Statements and Exhibits.

 

Not applicable.

 

 

 

 

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.

 

WASTE ENERGY CORP  
   
/s/ Scott Gallagher  
Scott Gallagher  
Chairman, President and Chief Executive Officer  
July 6, 2026  

 

 

Source: View Original Filing on SEC EDGAR

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