Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of David Kutil as Chief Financial Officer On July 28, 2026, Research Solutions, Inc. (the “Company”) appointed Dave Kutil as the Company’s Chief Financial Officer (“CFO”). Mr.…
Filed Aug 3, 2026Accepted Aug 3, 2026, 9:00 AM EDTCIK 1386301Accession 0001104659-26-089546
Research Solutions, Inc. (NASDAQ: RSSS) is a vertical SaaS and AI Company that simplifies research workflow for academic institutions, life science companies, and research organizations worldwide. As one of the only publisher-independent marketplaces for scientific, technical, and medical (STM) content, the Company uniquely combines AI-powered tools - including an intelligent research assistant and full-text search capabilities - with seamless access to both open access and paywalled research. The platform enables organizations to discover, access, manage and analyze scientific literature more efficiently, accelerating the pace of scientific discovery. For more information and details, please visit www.researchsolutions.com.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of David Kutil as Chief Financial Officer
On July 28, 2026, Research Solutions,
Inc. (the “Company”) appointed Dave Kutil as the Company’s Chief Financial Officer (“CFO”). Mr. Kutil,
age 42, has served as the Company’s Interim Chief Financial Officer and Secretary since December 10, 2025. Prior to this role,
Mr. Kutil previously served as Global Controller of the Registrant from March 2023 to December 2025, Controller at Lesaffre Yeast Corporation,
a leading global consumer goods company, from March 2022 to March 2023, and Director of Accounting and External Reporting for Badger
Meter, a leading manufacturer of metering products, from September 2015 to March 2022. Mr. Kutil received a Bachelor of Business Administration
in Accounting from the University of Wisconsin-Whitewater and is an active Certified Public Accountant.
In connection with his appointment as
CFO, the Company entered into an employment agreement with Mr. Kutil (the “Employment Agreement”) pursuant to which Mr. Kutil
will receive an annual base salary of $275,000 and will be eligible to earn a bonus of up to $55,000 if certain performance milestones
are met. The Employment Agreement also contains customary employment terms and conditions.
The foregoing description of the material
terms of the Employment Agreement in this Item 5.02 is qualified in its entirety by reference to the full text of the Employment Agreement,
a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference. Mr. Kutil does not have any family relationship
with any other member of the board of directors or any executive officer of the Company. The Company has not engaged in any transaction
in which Mr. Kutil or a person related to Mr. Kutil had a direct or indirect material interest that is reportable under Item 404(a) of
Regulation S-K. To the Company's knowledge, there is no arrangement or understanding between any of its officers and Mr. Kutil pursuant
to which he was selected to serve as an officer.
Termination of Sefton Cohen as Chief Revenue Officer
On July 31, 2026, Research
Solutions, Inc. terminated Sefton Cohen from the position of Chief Revenue Officer.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Description
No.
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10.1 Employment Agreement, dated July 30, 2026, between Research Solutions, Inc. and
David Kutil.
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