secwatch.observer — SEC 8-K summary
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Issuer:     AIRGAIN INC (AIRG)
CIK:        0001272842
Form:       8-K
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0000950170-23-027933
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Airgain Chief Revenue Officer Morad Sbahi resigns, receives $275K severance
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- Morad Sbahi resigned as CRO effective June 12, 2023; had been on leave since April 1.
- Severance includes $275,000 lump sum (12 months base salary) and $40,685 prorated 2023 target bonus.
- COBRA health coverage for 12 months at company expense, subject to separation agreement.
- No permanent replacement announced for the CRO position.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1272842/000095017023027933/0000950170-23-027933-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1272842/000095017023027933/airg-20230612.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-027933

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