secwatch.observer — SEC 8-K summary
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Issuer:     Zapata Quantum, Inc. (ZPTA)
CIK:        0001843714
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001193125-24-137298
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zapata AI appoints Sumit Kapur as CFO; Mimi Flanagan resigns effective May 20, 2024
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- Mimi Flanagan resigns as CFO effective May 20, 2024; resignation not due to any disagreement with company.
- Sumit Kapur appointed CFO effective May 20, 2024; starts as VP Finance on May 13 for transition.
- Kapur receives $350k base salary, 25% annual bonus target, and option for 600k shares vesting over 4 years.
- Kapur served as CFO at 3Degrees for ~12 years; previously investment banking at Morgan Stanley.
- Flanagan to enter consulting agreement for transition; vested option exercise period extended to 5 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843714/000119312524137298/0001193125-24-137298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843714/000119312524137298/d810168d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-137298

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