secwatch.observer — SEC 8-K summary
======================================

Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0000924168-22-000035
Event type: leadership
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus CFO/COO Tod Nestor resigns, effective May 20, 2022
---------------------------------------------------------------

- Tod A. Nestor resigns as COO and CFO; will remain through May 20, 2022.
- Separation includes $12,500 payment, up to 3 months medical benefits, and relocation assistance.
- Vested equity exercisable until May 31, 2023; non-compete and confidentiality agreements remain.
- No successor named; search for replacements underway.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000035/0000924168-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000035/efoi-20220425.htm
  HTML page:      https://secwatch.observer/filing/0000924168-22-000035

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