---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-230146"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2025-10-03T23:59:59+00:00"
generated_at: "2026-05-17T04:46:26.157924+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LM Funding awards 352k options at $1.14 and $1.3M cash bonuses to three executives

## Summary
- Granted 176,100 options to Bruce Rodgers, 114,500 to CFO Richard Russell, 61,700 to Ryan Duran; exercise $1.14, 10-yr term, half vest each anniversary.
- Cash bonuses: Rodgers $660k (80% of target), Russell $440k (80%), Duran $212.5k (100% of target).
- Total options 352,300 shares; total cash bonuses $1.3125M; all awards approved by board on Sept 30, 2025.

## SEC filing metadata
- accession: 0001193125-25-230146
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2025-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000119312525230146/0001193125-25-230146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000119312525230146/lmfa-20250930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-230146
- JSON: https://secwatch.observer/filing/0001193125-25-230146.json
- Plain text: https://secwatch.observer/filing/0001193125-25-230146.txt

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