---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-084054"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2022-12-30T23:59:59+00:00"
generated_at: "2026-06-20T21:24:58.968847+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Cuentas board member Orihuela resigns; Lexi Terrero appointed as independent director

## Summary
- Sandra Orihuela resigned from board effective after Dec 28, 2022 annual meeting; not due to any disagreement.
- Lexi Terrero appointed independent director Dec 30; receives $50k/yr cash and option for 100k shares vesting 50% on grant.
- Annual meeting Dec 28: six director nominees elected; ratification of auditor Halperin Ilanit passed with 9.9M for.

## SEC filing metadata
- accession: 0001213900-22-084054
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2022-12-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000121390022084054/0001213900-22-084054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000121390022084054/ea171056-8k_cuentas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-084054
- JSON: https://secwatch.observer/filing/0001213900-22-084054.json
- Plain text: https://secwatch.observer/filing/0001213900-22-084054.txt

## Key facts
- Executive change
  Sandra Orihuela resigned as director at Cuentas Inc..
  - Action: resigned
  - Role: director
  source text: On December 26, 2022, Sandra Orihuela tendered her resignation as a member of the board of directors (the “Board”) of Cuentas Inc. (the “Company”) which would also include her not being a Director effective after the Company’s 2022 Annual Meeting (the “2022 Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390022084054/0001213900-22-084054-index.htm
- Executive change
  Lexi Terrero was appointed as director at Cuentas Inc..
  - Action: appointed
  - Role: director
  source text: On December 30, 2022, the Board appointed Ms. Lexi Terrero as director to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390022084054/0001213900-22-084054-index.htm
- Shareholder Votes
  Cuentas Inc. shareholders approved Election of Directors at the 2022-12-28 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-12-28
  source text: Proposal 1 : Election of Directors The votes to elect six directors to hold office until the 2023 Annual Meeting of Stockholders were as follows: Shares Voted For Shares Withheld Broker Non-Votes Arik Maimon 7,347,470 185,740 2,469,229 Michael De Prado 7,348,160 185,050 2,469,229 Adiv Baruch 7,309,031 224,179 2,469,229 Yochanon Bruck 7,346,354 186,856 2,469,229 Sandra Orihuela 7,349,133 184,077 2,469,229 Sara Sooy 7,348,133 185,077 2,469,229
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390022084054/0001213900-22-084054-index.htm
- Shareholder Votes
  Cuentas Inc. shareholders approved Ratification of the appointment of independent registered public accounting firm at the 2022-12-28 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-12-28
  source text: Proposal 2: Ratification of the appointment of independent registered public accounting firm. The votes to ratify the appointment of Halperin Ilanit as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022 were as follows: Shares Voted For Shares Voted Against Shares Abstaining 9,920,623 68,351 13,462
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390022084054/0001213900-22-084054-index.htm

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