Tandy Leather Factory names John Gehre chairman, raises director retainers
On June 9, 2026, Tandy Leather Factory's board raised the annual cash retainer for non-employee directors to $20,000, added committee retainers, and accelerated vesting of all unvested RSUs as of that date, and named John Gehre chairman effective the same day. At the June 9 annual meeting, all six director nominees received more votes for than withheld, and shareholders ratified Whitley Penn as auditor for fiscal 2026.
Key points
- Non-employee director annual cash retainer increased to $20,000, effective with the June 9, 2026 board action
- All unvested RSUs as of June 9, 2026 accelerated to vest immediately under the 2023 Stock Incentive Plan
- John Gehre appointed Chairman of the Board effective June 9, 2026
- Advisory say-on-pay vote: 4,370,852 for and 455,754 against, with 1,420,087 broker non-votes
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 10, 2026.
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.