Every material Form 8-K CHICAGO RIVET & MACHINE CO has filed with the SEC since May 01, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Chicago Rivet & Machine Co. said on May 14, 2026 that its Board approved a temporary suspension of the quarterly cash dividend, to redirect cash toward production capacity, newly awarded products and sales efforts. The filing gives no dividend amount and no financial results, and says the Board will revisit dividend policy as conditions evolve. Shareholders also re-elected all seven directors and ratified Cherry Bekaert LLP as auditor for 2026 at the May 12 annual meeting.
Board approved a temporary suspension of the quarterly cash dividend, announced May 14, 2026; the filing gives no dividend amount.
Stated reasons: meeting production requirements, launching recently awarded products, and investing in business development.
Annual meeting held May 12, 2026: all seven director nominees elected to terms ending at the 2027 annual meeting.
Cherry Bekaert LLP ratified as independent registered public accounting firm for 2026: 727,269 votes for, 5,655 against, 18,806 abstentions.
Chicago Rivet & Machine dismissed Crowe LLP as its independent auditor and engaged Cherry Bekaert for fiscal 2025, both effective May 27, 2025. Crowe's report on the 2024 financial statements included a going concern paragraph, and the company disclosed continuing material weaknesses in inventory valuation controls.
Board approved Crowe LLP's dismissal on May 27, 2025, effective immediately.
Crowe's report on the 2024 financial statements contained a going concern paragraph citing declining revenues, recurring operating losses and negative operating cash flows.
Management says the inventory valuation material weakness has not yet been remediated.
Cherry Bekaert engaged on May 27, 2025 as auditor for the fiscal year ending December 31, 2025.
Chicago Rivet & Machine Co. said James T. Tanner joined as Senior Vice President of Sales and Marketing effective immediately, replacing Bill Stlaske, who left earlier in 2025. The filing describes Tanner's more than 30 years of sales and leadership experience in manufacturing, and it does not include financial results or guidance.
James T. Tanner, age 56, takes the role effective May 1, 2025, and replaces Bill Stlaske, who departed earlier in 2025.
Tanner has over 30 years of sales and leadership experience in manufacturing, with prior executive roles at Bosch, MacLean-Fogg, KSR International, and Speedgrip Chuck Co.
Tanner holds a Bachelor of Science in Electrical Engineering from Lawrence Technological University and has more than 10 years in the fastener industry.
The filing states no family relationships with any director or executive officer and no related party transactions requiring disclosure.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CHICAGO RIVET & MACHINE CO filing is on SEC EDGAR ↗. 8-K briefs of other companies →