Read the 8K again -- It is only for a FORMER Executive Officer -- withholding for SEVERANCE payments -- NOT for current management.
"Issuance of Shares to Former Executive Officer
The Company issued to a former executive officer a total of 23,651 shares of Common Stock to satisfy its obligation to make a severance payment of $8,042 for the payroll period ended May 15, 2022, net of payroll deductions and withholding taxes."