secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001193125-25-230146
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000119312525230146/0001193125-25-230146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000119312525230146/lmfa-20250930.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-230146

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