secwatch.observer — SEC 8-K summary
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Issuer:     MariaDB plc (—)
CIK:        0001929589
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001104659-23-066017
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MariaDB appoints Paul O'Brien as CEO; Michael Howard resigns, remains on board
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- Paul O'Brien named CEO and director effective May 26, 2023; previously SVP Sales and Field Operations.
- O'Brien receives $450K base salary plus $200K target bonus for FY2023; equity grants pending.
- Former CEO Michael Howard gets 12 months salary ($425K), bonus, option vesting acceleration, and extension to exercise 1,058,619 options.
- Tom Siegel appointed CRO and Jonah Harris as CTO effective June 5, 2023.
- Company targets $100M ARR by end of 2025; O'Brien cites strong cloud product momentum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1929589/000110465923066017/0001104659-23-066017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1929589/000110465923066017/tm2317206d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-066017

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