Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 5, 2026, the Board of Directors of Escalade, Incorporated ("Escalade" or the "Company) appointed Patrick J. Griffin, as the Company's full-time Chief Executive Officer and President.
Mr. Griffin, age 56, has served as the Company's interim Chief Executive Officer and President since October 29, 2025. Previously, Mr. Griffin served as the Company's Vice President, Corporate Development and Investor Relations and has been a Director since August 2012. Prior to that, Mr. Griffin served as President of Martin Yale Group, a former subsidiary of Escalade. Mr. Griffin has held various other roles at Escalade since 2002.
There are no arrangements or understandings pursuant to which Mr. Griffin was selected for this position and Mr. Griffin has no family relationship with any other executive officer or Director of Escalade. Mr. Griffin also has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
There were no changes to Mr. Griffin's compensation as described in his previously disclosed offer letter entered into on November 10, 2025, by the Company and Mr. Griffin.
Additional information regarding Mr. Griffin is contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and its definitive proxy statement filed with the Securities and Exchange Commission on March 28, 2025.