---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-045784"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2021-08-31T23:59:59+00:00"
generated_at: "2026-06-29T06:42:41.260331+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cuentas appoints Jeffery D. Johnson as CEO; discloses compensation terms

## Summary
- Jeffery D. Johnson appointed CEO effective Aug 25, 2021; replaces interim CEO Arik Maimon who remains Executive Chairman.
- Employment agreement: base salary $300K/yr, annual incentive up to 100% of base, signing bonus $200K (two installments).
- Stock option grant for 500,000 shares subject to shareholder approval of 2021 Share Incentive Plan; vesting over 3 years.
- Founder Compensation Agreements: Arik Maimon base $295K/yr, Michael De Prado base $275K/yr, each eligible for annual incentive up to 100% of base and a 2.5% change-in-control bonus.

## SEC filing metadata
- accession: 0001213900-21-045784
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2021-08-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000121390021045784/0001213900-21-045784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000121390021045784/ea146669-8k_cuentasinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-045784
- JSON: https://secwatch.observer/filing/0001213900-21-045784.json
- Plain text: https://secwatch.observer/filing/0001213900-21-045784.txt

## Key facts
- Executive change
  Jeffery D. Johnson was appointed as Chief Executive Officer at Cuentas Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On August 25, 2021, Jeffery D. Johnson was appointed as the chief executive officer of the Company, beginning on August 25, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390021045784/0001213900-21-045784-index.htm

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