secwatch.observer — SEC 8-K summary
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Issuer:     RYVYL Inc. (RVYL)
CIK:        0001419275
Form:       8-K
Filed at:   2026-10-06T12:29:18+00:00
Accession:  0001185185-26-004599
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

RTB Digital names Erin Schaefer, ex-YouTube MD and General Catalyst COO, to board
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- Erin Schaefer appointed as a director of RTB Digital effective October 1, 2026, to serve until her successor is duly elected and qualified.
- Schaefer spent 14 years at Google, including Managing Director of Global Operations at YouTube, and led a turnaround of YouTube's Trust & Safety function.
- Most recently COO at General Catalyst ($43B+ AUM); previously GM and P&L owner at Niantic, where Niantic Games led to a multi-billion dollar exit.
- Compensation: annual equity award of $150,000 in RSUs, prorated for the remainder of the 2026 service period, vesting in full on December 31.
- Company cites her experience as it develops its enterprise media operating system; no related-party transactions or family ties to officers disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419275/000118518526004599/0001185185-26-004599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419275/000118518526004599/rtb8k100526.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-004599

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