{"url_path":"/sec/groo/8-k/2026-05-13/item-404","section_key":"item-404","section_title":"Item 404 (a) Information.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1499275/0001499275-26-000007-index.html","accession_number":"0001499275-26-000007","cik":"0001499275","ticker":"GROO","issuer_name":"GROOVY COMPANY, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1499275/0001499275-26-000007-index.html","primary_entity_key":"0001499275","primary_entity_name":"GROOVY COMPANY, INC."},"word_count":243,"has_tables":true,"body_markdown":"**Item 404(a) Information.**\n\n \n\nThe information required by Item 404(a) of Regulation S-K with respect to Mr. Yglesias is not being provided in this Current Report on Form 8-K. The Company intends to provide the information required by Item 404(a) of Regulation S-K in an amendment to this Current Report on Form 8-K to be filed with the Securities and Exchange Commission in due course, in accordance with Instruction 1 to Item 5.02 of Form 8-K.\n\n \n\n**Compensatory Arrangements.**\n\n \n\nMr. Yglesias is an existing party to a ten-year employment agreement with the Company dated September 30, 2025 providing for an annual base salary of $150,000 in respect of his role as Chief Technology Officer. The Company is evaluating whether any amendment to that employment agreement, or any additional or supplemental compensatory arrangement, will be entered into in connection with Mr. Yglesias’s service as Interim Chief Executive Officer, and will disclose any such arrangement by amendment to this Current Report on Form 8-K, or in a subsequent Current Report on Form 8-K, as required by Item 5.02(e) of Form 8-K and Instruction 2 thereto.\n\n5\n\n \n\n**Late Filing of Item 5.02 Disclosure.**\n\n \n\nThe Company acknowledges that the disclosure required by Item 5.02 of Form 8-K with respect to the events described in this Item 5.02 should have been made within four business days of May 1, 2026 in accordance with General Instruction B.1 of Form 8-K, and the filing of this disclosure is delinquent in that respect."}