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): December 14, 2010 (December 3, 2010)

EDUCATIONAL DEVELOPMENT CORPORATION
(Exact name of registrant as specified in its charter)

Delaware
0-4957
73-0750007
(State or other jurisdiction
Commission
(I.R.S. Employer
of incorporation)
File Number:
Identification No.)
 
10302 East 55th Place, Tulsa, Oklahoma    74146-6515
(Address of principal executive offices)      (Zip Code)

Registrant’s telephone number, including area code    (918) 622-4522

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 (see General Instruction A.2. below):

[ ]
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))
 
 
 

 
ITEM 5.02
DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
 
G. Dean Cosgrove has resigned from the Board of Directors, effective December 3, 2010.

Ron McDaniel has been appointed to the Board of Directors, effective December 3, 2010.  Ron was formerly Vice-President, Sales, for Educational Development Corporation, having retired in June 2010.






 
 

 
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.


Educational Development Corporation

By:              /s/ Randall W. White                                                      
Randall W. White
President and Chief Executive Officer


Date:  December 14, 2010