{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-000673","form_type":"8-K","ticker":null,"cik":"0001391127","company_name":"Edgio, Inc.","filed_at":"2024-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.028384+00:00","generated_at":"2026-06-07T05:10:42.881715+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Edgio promotes Todd Hinders to CEO; Bob Lyons steps down as President and CEO","bullets":["Robert Lyons stepped down as President, CEO, and board member effective Dec 31, 2023; no disagreements.","Todd Hinders, previously Chief Revenue Officer since May 2023, appointed CEO effective Jan 1, 2024 and joins board.","Hinders' base salary raised from $380k to $525k; target annual incentive increased from 75% to 100% of base.","Lyons eligible for severance: 12 months base salary, $55k 2023 bonus, vesting of 193,467 RSUs, and healthcare.","Board chairman cites challenging 2023 but expresses confidence in Hinders and new leadership team."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-000673","json":"https://secwatch.observer/filing/0001193125-24-000673.json","markdown":"https://secwatch.observer/filing/0001193125-24-000673.md","text":"https://secwatch.observer/filing/0001193125-24-000673.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524000673/0001193125-24-000673-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524000673/d187395d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:10:42.881715+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"05a7d4a6d6","claim":"Robert Lyons resigned as Director at Edgio, Inc..","evidence_excerpt":"and has resigned from the Company’s Board of Directors (the “Board”) as of such date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524000673/0001193125-24-000673-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a54b97ff4e","claim":"Todd Hinders was appointed as Director at Edgio, Inc..","evidence_excerpt":"Mr. Hinders has also been appointed as a member of the Board, effective as of January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524000673/0001193125-24-000673-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"cd27b1d2a5","claim":"Robert Lyons departed as President and Chief Executive Officer at Edgio, Inc..","evidence_excerpt":"Robert Lyons has stepped down as President and Chief Executive Officer of the Company, effective as of December 31, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524000673/0001193125-24-000673-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ee23939c17","claim":"Todd Hinders was appointed as Chief Executive Officer at Edgio, Inc..","evidence_excerpt":"the Board has appointed Todd Hinders to the position of Chief Executive Officer effective as of January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524000673/0001193125-24-000673-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}