secwatch.observer — SEC 8-K summary
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Issuer:     ORION ENERGY SYSTEMS, INC. (OESX)
CIK:        0001409375
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001193125-22-284552
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Williamson retires; board adds Jenkins and amends bylaws
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- Director Mark C. Williamson retired Nov 10, 2022 after 13+ years; previously lead independent director.
- Board size reduced to 5 after adding Michael H. Jenkins as new director on same date.
- Williamson to receive $30k retirement benefit: $18k in stock plus $12k cash for taxes.
- Bylaws amended to align with SEC universal proxy rules (Rule 14a-19) and clarify annual meeting procedures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409375/000119312522284552/0001193125-22-284552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409375/000119312522284552/d391651d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-284552

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