---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-185144"
form_type: "8-K"
ticker: "MSPR"
cik: "0001802450"
company_name: "MSP Recovery, Inc."
filed_at: "2022-06-29T23:59:59+00:00"
generated_at: "2026-06-24T22:26:02.258232+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MSP Recovery appoints Calvin Hamstra as CFO; issues 1M shares to Cano Health and 244k to Palantir

## Summary
- Calvin Hamstra named CFO, replacing Ricardo Rivera as principal financial officer; Hamstra was VP of Accounting since Sept 2021.
- Issued 1M shares of Class A common to Cano Health at $10/share for claims data; True-Up if 20-day avg below $10 after 12 months.
- Issued 244,339 shares of Class A common to Palantir for services; exempt from registration under Section 4(a)(2).
- Issued 50,022,000 Up-C Units (exchangeable for Class A common) to designees; 60% locked until Dec 27, 2022.
- Additional 45,504,708 Up-C Units remain unallocated for future issuance, including to employees.

## SEC filing metadata
- accession: 0001193125-22-185144
- form_type: 8-K
- ticker: MSPR
- cik: 0001802450
- company_name: MSP Recovery, Inc.
- filed_at: 2022-06-29T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802450/000119312522185144/0001193125-22-185144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802450/000119312522185144/d376340d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-185144
- JSON: https://secwatch.observer/filing/0001193125-22-185144.json
- Plain text: https://secwatch.observer/filing/0001193125-22-185144.txt

## Key facts
- Executive change
  Ricardo Rivera departed as principal financial officer at MSP Recovery, Inc..
  - Action: no longer serve
  - Role: principal financial officer
  source text: Mr. Ricardo Rivera will no longer serve as the Company’s principal financial officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802450/000119312522185144/0001193125-22-185144-index.htm
- Executive change
  Calvin Hamstra was appointed as Chief Financial Officer at MSP Recovery, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On June 24, 2022, the Company’s Board of Directors (the “Board”) appointed Calvin Hamstra, 36, as the Company’s Chief Financial Officer and principal financial officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802450/000119312522185144/0001193125-22-185144-index.htm

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