---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-306410"
form_type: "8-K"
ticker: "TSPH"
cik: "0001823593"
company_name: "TuSimple Holdings Inc."
filed_at: "2022-12-16T23:59:59+00:00"
generated_at: "2026-06-21T03:33:25.218520+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TuSimple appoints two independent directors and permanent CFO; adds 13M shares to equity plan

## Summary
- Wendy Hayes and Michael Mosier appointed to board; Mosier named Government Security Director after CFIUS non-objection.
- Eric Tapia promoted from interim to permanent CFO; no compensation changes yet determined.
- Board approved amendment to 2021 Equity Incentive Plan to increase authorized shares by 13M and add automatic annual increase.
- CEO Cheng Lu receives base salary $450K, target bonus 80%, 6.85M stock units, and severance package including $15M cash for certain terminations.
- Board committees restructured: Hayes chairs Audit, James Lu chairs Compensation and Nominating & Corp Gov, Mosier chairs Gov Security Committee.

## SEC filing metadata
- accession: 0001193125-22-306410
- form_type: 8-K
- ticker: TSPH
- cik: 0001823593
- company_name: TuSimple Holdings Inc.
- filed_at: 2022-12-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823593/000119312522306410/0001193125-22-306410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823593/000119312522306410/d432307d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-306410
- JSON: https://secwatch.observer/filing/0001193125-22-306410.json
- Plain text: https://secwatch.observer/filing/0001193125-22-306410.txt

## Key facts
- Executive change
  Michael Mosier was appointed as Director at TuSimple Holdings Inc..
  - Action: appointed
  - Role: Director
  source text: On December 15, 2022, the board of directors (the “Board”) of TuSimple Holdings Inc. (the “Company”) appointed Wendy Hayes and Michael Mosier to the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823593/000119312522306410/0001193125-22-306410-index.htm
- Executive change
  Wendy Hayes was appointed as Director at TuSimple Holdings Inc..
  - Action: appointed
  - Role: Director
  source text: On December 15, 2022, the board of directors (the “Board”) of TuSimple Holdings Inc. (the “Company”) appointed Wendy Hayes and Michael Mosier to the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823593/000119312522306410/0001193125-22-306410-index.htm

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