---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-26-003695"
form_type: "8-K"
ticker: "DSNY"
cik: "0001099369"
company_name: "DESTINY MEDIA TECHNOLOGIES INC"
filed_at: "2026-07-16T21:23:57+00:00"
generated_at: "2026-07-16T21:26:06.331953+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Destiny Media appoints Sharath Cherian as CEO; Hoch Cho remains Chairman

## Summary
- Sharath Cherian appointed CEO and President effective July 15, 2026; Hoch Cho steps down as interim CEO, stays Chairman.
- Cherian founded HipHopDX, sold to Warner Music Group; served as strategic consultant to Destiny since Feb 2025.
- Employment terms: $240,000 base salary, target bonus 40% of base (40% cash, 60% equity), initial option grant of 482,000 shares.
- Options granted at exercise prices $0.623, $0.70, and $0.80 per share under Long Term Incentive Plan.
- Severance: six months base salary plus prorated bonus; enhanced on change in control.

## SEC filing metadata
- accession: 0001062993-26-003695
- form_type: 8-K
- ticker: DSNY
- cik: 0001099369
- company_name: DESTINY MEDIA TECHNOLOGIES INC
- filed_at: 2026-07-16T21:23:57+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/0001062993-26-003695-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-26-003695
- JSON: https://secwatch.observer/filing/0001062993-26-003695.json
- Plain text: https://secwatch.observer/filing/0001062993-26-003695.txt

## Key facts
- Executive change
  Sharath Cherian was appointed as Chief Executive Officer and President at DESTINY MEDIA TECHNOLOGIES INC.
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: Effective July 15, 2026, the Board of Directors of Destiny Media Technologies Inc. (the "Company") appointed Sharath Cherian as the Company's Chief Executive Officer and President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/0001062993-26-003695-index.htm
- Executive change
  Hyonmyong ("Hoch") Cho changed role as Interim Chief Executive Officer at DESTINY MEDIA TECHNOLOGIES INC.
  - Action: ceased serving
  - Role: Interim Chief Executive Officer
  source text: Also effective July 15, 2026, Hyonmyong ("Hoch") Cho ceased serving as the Company's Interim Chief Executive Officer and will continue to serve as Chairman of the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/0001062993-26-003695-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.