{"url_path":"/sec/calm/8-k/2026-06-23/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 .","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-23","source_url":"https://www.sec.gov/Archives/edgar/data/16160/0001562762-26-000074-index.html","accession_number":"0001562762-26-000074","cik":"0000016160","ticker":"CALM","issuer_name":"CAL-MAINE FOODS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/16160/0001562762-26-000074-index.html","primary_entity_key":"0000016160","primary_entity_name":"CAL-MAINE FOODS INC"},"word_count":276,"has_tables":false,"body_markdown":"Item 5.02\n\n.\n\nDeparture of Directors\n\nor Certain\n\nOfficers; Election\n\nof Directors;\n\nAppointment\n\nof Certain Officers;\n\nCompensatory Arrangements\n\nof Certain Officers.\n\nOn June 23, 2026, the\n\nboard of directors\n\n(the “Board”) of Cal-Maine\n\nFoods, Inc. (the “Company”)\n\nincreased the\n\nsize of the Board\n\nfrom\n\neight\n\nto\n\nten\n\ndirectors,\n\ndesignating\n\nthe newly\n\ncreated\n\ndirectorships\n\nas\n\nClass\n\nII\n\nand\n\nClass\n\nIII\n\ndirectorships,\n\nand\n\nappointed\n\nHaley\n\nR. Fisackerly\n\nas an\n\nindependent\n\nClass II director\n\nand Michael\n\nJ. Highfield\n\nas\n\nan independent\n\nClass III\n\ndirector,\n\nto serve\n\nuntil\n\nthe Company’s\n\n2026\n\nand 2027\n\nannual\n\nmeeting\n\nof stockholders,\n\nrespectively,\n\nand, in\n\neach case,\n\nuntil\n\nhis successor\n\nis duly\n\nelected and qualified.\n\nMr. Fisackerly and Mr. Highfield will join the Board’s Compensation,\n\nAudit, and Nominating\n\nand Corporate\n\nGovernance\n\nCommittees. The Board\n\naffirmatively determined\n\nthat both Mr. Fisackerly\n\nand Mr. Highfield\n\nare independent\n\nwithin\n\nthe meaning\n\nof Nasdaq’s\n\nListing Standards\n\nand meet\n\nall applicable\n\nrequirements to\n\nserve on each\n\nsuch committee,\n\nincluding\n\nthe\n\nrequirements\n\nof Nasdaq and the\n\nSecurities Exchange\n\nAct of 1934, as amended (the\n\n“Exchange\n\nAct”) and the regulations\n\npursuant\n\nthereto.\n\nMr. Fisackerly and Mr. Highfield will\n\nbe compensated\n\nfor\n\ntheir services in accordance\n\nwith the Company’s non\n\n-employee director\n\ncompensation\n\nprogram, which\n\nprovides for\n\nan annual\n\nfee of $45,000 to each\n\ndirector. The\n\nfee is paid in\n\nquarterly installments\n\n,\n\nin\n\nadvance.\n\nEffective\n\nJune 23,\n\n2026,\n\nthe\n\nBoard’s Compensation\n\nCommittee\n\napproved\n\na grant\n\nof shares\n\nof\n\nrestricted\n\nstock\n\nawards\n\n(“RSAs”) with\n\na target\n\ngrant date value\n\nof $100,000\n\nto each of Mr. Fisackerly\n\nand Mr. Highfield\n\nunder the Company’s\n\nAmended\n\nand Restated\n\nCal-Maine\n\nFoods,\n\nInc. 2012\n\nOmnibus\n\nLong-Term Incentive\n\nPlan,\n\nas amended.\n\nSuch RSAs\n\nvest\n\n100%\n\non January\n\n12, 2029."}