Kubient amends 8-K to disclose former CEO Paul Roberts' separation terms; COBRA paid for up to 4 months

Kubient, Inc.

Former CEO, President, and Chief Strategy Officer Paul Roberts resigned effective Nov 2, 2023; separation agreement executed Nov 21, 2023.
Company will pay full COBRA premiums for up to 4 months in exchange for a general release of claims and continued cooperation.
Elisabeth DeMarse remains Interim CEO; company will not fill the vacated positions.
Roberts forfeits any additional compensation, bonuses, severance, or equity beyond accrued wages and COBRA payments.
Separation includes standard non-disclosure and return of company property obligations.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Paul Roberts

Chief Executive Officer

Kubient, Inc.

Effective: 2023-11-02
Filed: December 5, 2023, 6:59 PM ET

Mr. Roberts’ resignation from his positions as Chief Executive Officer, Chief Strategy Officer, and President of the Company on November 2, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Paul Roberts resigned as Chief Executive Officer at Kubient, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Mr. Roberts’ resignation from his positions as Chief Executive Officer, Chief Strategy Officer, and President of the Company on November 2, 2023

View on SEC.gov

Source: SEC EDGAR

accession 0001140361-23-056403

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.