Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): February 10, 2025

PARK AEROSPACE CORP.

	(Exact Name of Registrant as Specified in Charter)


New York	1-4415	11-1734643
(State or Other Jurisdiction	(Commission File	(IRS Employer
of Incorporation)	Number)	Identification No.)


1400 Old Country Road, Westbury	New York	11590
(Address of Principal Executive Offices)		(Zip Code)

Registrant's telephone number, including area code (631) 465-3600

Not Applicable

Former Name or Former Address, if Changed Since Last Report

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
Common Stock, par value $.10 per share	PKE	New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has selected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02

Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On February 10, 2025, the Company announced the election of Constantine Petropoulos as Senior Vice President-Administration and General Counsel of the Company.

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits.

99.1

News Release dated February 10, 2025

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PARK AEROSPACE CORP.


Date: February 10, 2025	By:	/s/ Christopher Goldner
	Name:	Christopher Goldner
	Title:	Vice President-Finance

Exhibit 99.1

NEWS RELEASE

Contact: Donna D’Amico-Annitto

486 North Oliver Road, Bldg. Z

Newton, Kansas 67114

(316) 283-6500

PARK AEROSPACE CORP. ANNOUNCES THE

ELECTION OF CONSTANTINE (“GUS”) PETROPOULOS

AS SENIOR VICE PRESIDENT-ADMINISTRATION AND GENERAL COUNSEL

Newton, Kansas, Monday, February 10, 2025…Park Aerospace Corp. (NYSE-PKE) announced the election of Constantine (“Gus”) Petropoulos as Senior Vice President-Administration and General Counsel of the Company. Mr. Petropoulos will report to Brian E. Shore, Park’s Chairman and CEO.

Gus Petropoulos served as a Partner at Hughes, Hubbard & Reed, a prominent New York law firm, from May 2021 to July 2024. Prior to joining Hughes Hubbard, Gus served as Senior Vice President and General Counsel of Park Aerospace from September 2014 to May 2021. Prior to joining Park Aerospace, Gus served as Managing Counsel at Scientific Games Corporation from October 2011 to September 2014, as Senior Corporate Counsel at Coca-Cola HBC SA in Greece from September 2007 to October 2011, and as a senior associate attorney at the New York law firm of Latham & Watkins from September 2002 to August 2007. Gus received a Bachelor of Arts degree in Economics and Government from Saint Lawrence University and a Juris Doctor degree from the University of Pennsylvania Law School.

Brian Shore said, “It is very good to have Gus back at Park. Since we know Gus very well and he knows Park very well, we expect Gus to hit the ground sprinting! No need for much of a honeymoon or a “get-to-know-you” period. We have about three dozen matters for Gus to jump on…and that is just for his first week back. Welcome back, Gus!”

Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park’s advanced composite materials include film adhesives (Aeroadhere®) and lightning strike protection materials (Electroglide®). Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Park’s advanced composite materials are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, Unmanned Aerial Vehicles (UAVs commonly referred to as “drones”), business jets, general aviation aircraft and rotary wing aircraft. Park also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for radome applications. As a complement to Park’s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry. Target markets for Park’s composite parts and structures (which include Park’s proprietary composite SigmaStrut™ and AlphaStrut™ product lines) are, among others, prototype and development aircraft, special mission aircraft, spares for legacy military and civilian aircraft and exotic spacecraft. Park’s objective is to do what others are either unwilling or unable to do. When nobody else wants to do it because it is too difficult, too small or too annoying, sign us up.

Additional corporate information is available on the Company’s website at www.parkaerospace.com.

# # # # #

Document And Entity Information	Feb. 10, 2025
Document Information [Line Items]
Entity, Registrant Name	PARK AEROSPACE CORP.
Document, Type	8-K
Document, Period End Date	Feb. 10, 2025
Entity, Incorporation, State or Country Code	NY
Entity, File Number	1-4415
Entity, Tax Identification Number	11-1734643
Entity, Address, Address Line One	1400 Old Country Road
Entity, Address, City or Town	Westbury
Entity, Address, State or Province	NY
Entity, Address, Postal Zip Code	11590
City Area Code	631
Local Phone Number	465-3600
Title of 12(b) Security	Common Stock
Trading Symbol	PKE
Security Exchange Name	NYSE
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity, Emerging Growth Company	false
Amendment Flag	false
Entity, Central Index Key	0000076267