secwatch.observer — SEC 8-K summary
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Issuer:     VirnetX Holding Corp (VHC)
CIK:        0001082324
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001140361-23-056522
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VirnetX appoints Darl McBride as COO effective Jan 1, 2024
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- Darl McBride appointed Chief Operating Officer, effective January 1, 2024.
- Initial annual base salary set at $354,781.44; restricted stock award of 6,000 shares vesting over two years.
- Previously served as COO of VirnetX KK (Japanese subsidiary) since January 2021, focusing on security products and military partnerships.
- Employment is at-will with no specified term; standard indemnification agreement expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1082324/000114036123056522/0001140361-23-056522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1082324/000114036123056522/ef20016124_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-056522

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