Item 2.02 Results of Operations and Financial Condition.

Park Aerospace Corp. (the "Company") issued a news release on January 9, 2020 reporting its results of operations for its 2020 fiscal year third quarter ended December 1, 2019.

The Company is furnishing the news release to the Securities and Exchange Commission pursuant to Item 2.02 of Form 8-K as Exhibit 99.1 hereto, and it is incorporated herein by reference. The information in this Item 2.02 and the attached Exhibit shall not be deemed filed for purposes of Section 18 of the Security Exchange Act of 1934, as amended (the "Exchange Act"), nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as shall be expressly stated by specific reference in such filing.

Item 5.02 Departure of Directors or Principal Officers; Election of Directors;


          Appointment of Principal Officers.

On January 3, 2020, Stephen E Gilhuley, the Company's Executive Vice President - Administration and Secretary, retired from all positions he held at the Company and its subsidiaries, effective as of January 3, 2020. In connection with his retirement, Mr. Gilhuley entered into a Consulting Agreement with the Company, effective as of January 6, 2020, pursuant to which Mr. Gilhuley will be paid a monthly fee of $2,000 for advisory and consulting services that he may provide to the Company from time to time.

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