{"url_path":"/sec/wvvi/8-k/2026-05-20/item-404","section_key":"item-404","section_title":"Item 404 (a) of Regulation S-K.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/838875/0001199835-26-000182-index.html","accession_number":"0001199835-26-000182","cik":"0000838875","ticker":"WVVI","issuer_name":"WILLAMETTE VALLEY VINEYARDS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/838875/0001199835-26-000182-index.html","primary_entity_key":"0000838875","primary_entity_name":"WILLAMETTE VALLEY VINEYARDS INC"},"word_count":134,"has_tables":true,"body_markdown":"Item 404(a) of Regulation S-K.\n\n \n\nUnder the terms of an employment agreement between\nMr. Hazlett and the Company (the “Employment Agreement”) dated May 19, 2026, Mr. Hazlett will receive a base salary of $216,000\nper year. Additionally, Mr. Hazlett is eligible to receive an annual performance-based incentive payment of up to $24,000. Performance\ngoals will be established annually by the Company’s President.\n\n \n\nThe foregoing summary does not purport to be complete\nand is qualified in its entirety by reference to the complete copy of the Employment Agreement which is filed herewith as Exhibit 10.1\n\n \n\nMr. Hazlett is replacing Mr. John Ferry who on February\n12, 2026 announced his intention to retire as the Company’s Chief Financial Officer. Mr. Ferry will continue his employment with\nthe Company during a yet to be determined transition period."}