secwatch.observer — SEC 8-K summary
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Issuer:     eXp World Holdings, Inc. (EXPI)
CIK:        0001495932
Form:       8-K
Filed at:   2026-10-08T17:10:11+00:00
Accession:  0001104659-26-114628
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

AGNT names eXp Realty CEO Leo Pareja as CEO effective Oct. 8; founder Glenn Sanford stays as Chairman
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- Leo Pareja, 44, appointed Chief Executive Officer of AGNT effective Oct. 8, 2026; he had served as CEO of subsidiary eXp Realty since April 2024.
- Founder Glenn Sanford transitions out of the CEO role and all employment positions effective Oct. 8, 2026, but continues as Chairman of the Board.
- Pareja's base salary rises to $1,800,000 plus a promotional grant of 1,060,814 performance stock options (0-200% of target TSR vesting) and 573,588 RSUs vesting quarterly over three years.
- 2027 annual equity award has an aggregate grant-date value of $4,897,500; termination without cause brings 18 months of base salary and up to 12 months COBRA.
- Sanford, though not independent, will get the standard non-employee director compensation package; the company may sign a consulting agreement with him, to be disclosed later.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495932/000110465926114628/0001104659-26-114628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495932/000110465926114628/agnt-20261002x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-114628

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