secwatch.observer — SEC 8-K summary
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Issuer:     MANNATECH INC (MTEX)
CIK:        0001056358
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001056358-24-000055
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mannatech appoints James Clavijo as CFO effective July 1, 2024
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- James Clavijo named CFO; replaces interim CFO (CEO Landen Fredrick).
- Clavijo receives $275K base salary, 4,500-share stock option, and $15K relocation.
- He brings 25+ years CFO experience at Longeveron, Aeterna Zentaris, and other firms.
- Employment agreement includes severance upon early termination or non-renewal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000055/0001056358-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000055/mtex-20240701.htm
  HTML page:      https://secwatch.observer/filing/0001056358-24-000055

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