secwatch.observer — SEC 8-K summary
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Issuer:     Fossil Group, Inc. (FOSL)
CIK:        0000883569
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0000883569-22-000038
Event type: leadership
Sentiment:  positive
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fossil Group appoints beauty/fashion executive Susie Coulter to Board of Directors
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- Suzanne Coulter appointed to Fossil Group Board effective Dec 5, 2022; board expands to 8 members (7 independent).
- Coulter is founder/CEO of Arq Botanics, former President at Victoria's Secret Beauty and President of US Retail at Ralph Lauren.
- Compensation includes annual cash retainer of $60,000 and grant of 9,811 RSUs, replacing automatic pro-rated grant due to stock price decline.
- Eligible for additional RSU grant with $130,000 fair market value at 2023 Annual Stockholders Meeting if still serving.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883569/000088356922000038/0000883569-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883569/000088356922000038/fosl-20221206.htm
  HTML page:      https://secwatch.observer/filing/0000883569-22-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer