---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-031250"
form_type: "8-K"
ticker: "AEYE"
cik: "0001362190"
company_name: "AUDIOEYE INC"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:18:50.285877+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CEO David Moradi extends contract to Jan 2027, salary reduced to $1; Exec Chairman Bettis to exit board

## Summary
- CEO Moradi's employment term extended from Aug 20, 2025 to Jan 9, 2027; base salary reduced to $1/year starting Q2 2025.
- Moradi granted 241,444 RSUs: 81,444 vest Jan 9, 2026; 160,000 vest Jan 9, 2027; accelerated vesting on termination w/o cause or change in control.
- Performance period for two PSA tranches (MRR >= $5M, VWAP > $50) extended to Jan 9, 2027; unachieved PSAs forfeited.
- Executive Chairman Carr Bettis will not stand for re-election at May 23, 2025 annual meeting; board reduces to 4 members; Moradi appointed Chairman.

## SEC filing metadata
- accession: 0001104659-25-031250
- form_type: 8-K
- ticker: AEYE
- cik: 0001362190
- company_name: AUDIOEYE INC
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362190/000110465925031250/0001104659-25-031250-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362190/000110465925031250/tm2511082d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-031250
- JSON: https://secwatch.observer/filing/0001104659-25-031250.json
- Plain text: https://secwatch.observer/filing/0001104659-25-031250.txt

## Key facts
- Executive change
  David Moradi was appointed as Chairman of the Board at AUDIOEYE INC.
  - Action: appointed
  - Role: Chairman of the Board
  source text: The Board of Directors has appointed Mr. Moradi to the position of Chairman of the Board, effective on the date of the 2025 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362190/000110465925031250/0001104659-25-031250-index.htm
- Executive change
  Carr Bettis was terminated as Executive Chairman at AUDIOEYE INC.
  - Action: terminated
  - Role: Executive Chairman
  source text: As a result of Dr. Bettis’ term as a director ending at the 2025 Annual Meeting, Dr. Bettis’ position as Executive Chairman of the Board will terminate, and the Executive Employment Agreement, dated as of July 1, 2015, between Dr. Bettis and Company will terminate, effective on the date of the 2025 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362190/000110465925031250/0001104659-25-031250-index.htm

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