---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-000639"
form_type: "8-K"
ticker: "ASPU"
cik: "0001487198"
company_name: "ASPEN GROUP, INC."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:53:45.016673+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Aspen Group terminates CAO Robert Alessi effective May 4, 2023 in cost-cutting move

## Summary
- Robert Alessi, Chief Accounting Officer, notified of termination on April 14, 2023, effective May 4, 2023.
- Termination part of ongoing cost reduction efforts.
- Alessi receives six months of base salary plus accrued pay and full vesting of previously granted equity awards.

## SEC filing metadata
- accession: 0001079973-23-000639
- form_type: 8-K
- ticker: ASPU
- cik: 0001487198
- company_name: ASPEN GROUP, INC.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487198/000107997323000639/0001079973-23-000639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487198/000107997323000639/aspu_8k-042423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-000639
- JSON: https://secwatch.observer/filing/0001079973-23-000639.json
- Plain text: https://secwatch.observer/filing/0001079973-23-000639.txt

## Key facts
- Executive change
  Robert Alessi was terminated as Chief Accounting Officer at ASPEN GROUP, INC..
  - Action: terminated
  - Role: Chief Accounting Officer
  source text: On April 14, 2023, Aspen Group, Inc. (the “Company”) notified Robert Alessi, the Company’s Chief Accounting Officer, that his employment with the Company was being terminated, effective May 4, 2023, as a part of the Company’s ongoing efforts to reduce costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487198/000107997323000639/0001079973-23-000639-index.htm

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