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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): January 3, 2025

 

Willamette Valley Vineyards, Inc.
(Exact name of Company as specified in its charter)

 

Oregon   001-37610   93-0981021
(State or other
jurisdiction of
incorporation)
  (Commission File No.)   (I.R.S. Employer
Identification No.)
         

8800 Enchanted Way SE
Turner, OR 97392
(Address of principal executive offices)

 

(503) 588-9463
Registrant’s telephone number, including area code

 

Not Applicable
(Former name or former address, if changed since last report)

 

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))

 

 Securities 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,   WVVI   NASDAQ Capital Market
 Series A Redeemable Preferred Stock   WVVIP   NASDAQ Capital Market
         
 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected 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. o

 

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On January 3, 2025, Willamette Valley Vineyards, Inc. (the “Company”) announced that the Company intends to separate the roles of President and Chief Executive Officer and has commenced a search for a new Chief Executive Officer. James Bernau, the Company’s current President and Chief Executive Officer, intends to discontinue as Chief Executive Officer once a new Chief Executive Officer is appointed, but also intends to remain as the Company’s President and Chair of the Company’s Board of Directors.

 

A copy of the Company’s press release dated January 3, 2025 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 9.01. Financial Statements and Exhibits.

 

(d)Exhibits.

 

Exhibit No.   Description
99.1   Press release dated January 3, 2025.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

 

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.

 

  WILLAMETTE VALLEY VINEYARDS, INC.
     
Date: January 3, 2025 By:  /s/ JAMES W. BERNAU  
     
    James W. Bernau
    President

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