secwatch.observer — SEC 8-K summary
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Issuer:     SUNHYDROGEN, INC. (HYSR)
CIK:        0001481028
Form:       8-K
Filed at:   2021-07-23T23:59:59+00:00
Accession:  0001213900-21-038396
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

SunHydrogen enters redemption agreements to retire ~24.9M options from CEO, director, and consultant
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- Company redeemed 24,887,263 options from CEO Timothy Young, director Mark Richardson, and a consultant.
- Options: 16.3M (CEO) at $0.0099 exercise, 4.3M each for director and consultant at $0.0099/$0.01.
- Redemption price per option: $0.05828 for CEO and director, $0.05818 for consultant.
- No other details on use of cash or impact on share count provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481028/000121390021038396/0001213900-21-038396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481028/000121390021038396/ea144667-8k_sunhydrogen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-038396

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