secwatch.observer — SEC 8-K summary
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Issuer:     Veritone, Inc. (VERI)
CIK:        0001615165
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001193125-24-012969
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veritone appoints Ryan Steelberg Chairman; Chad Steelberg consulting deal revised, total $2.2M
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- Ryan Steelberg, CEO, appointed Chairman of Board effective Jan 22, 2024; Chad Steelberg remains director.
- Amended consulting agreement with Chad Steelberg (Steel Holdings) for technical advisory through Dec 2025.
- Total compensation: $1.0M lump sum on July 1, 2024 plus $50k/month for Jan 2024-Dec 2025 (~$1.2M).
- Prior consulting agreement superseded; termination provisions include 90-day notice and acceleration on change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615165/000119312524012969/0001193125-24-012969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615165/000119312524012969/d609930d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-012969

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