secwatch.observer — SEC 8-K summary
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Issuer:     Creatd, Inc. (CRTD)
CIK:        0001357671
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001213900-23-010393
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creatd awards 19.25M equity shares and $218k cash bonuses to officers and directors
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- CEO Jeremy Frommer receives 10.69M shares; COO Justin Maury 5.89M shares; CFO Chelsea Pullano 1.66M shares, subject to lock-up and volume restrictions.
- Cash bonuses: $125,000 to Frommer, $62,500 to Maury, $31,250 to Pullano, payable at discretion of Compensation Committee.
- Monthly housing stipends of $6,300 to Frommer and Maury.
- Non-employee directors get $140k annual cash and $140k in common stock; Peter Majar gets 1.7M shares, Erica Wagner 1M shares with lock-up.
- Audit committee chair additional $20k cash and $20k in stock annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357671/000121390023010393/0001213900-23-010393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357671/000121390023010393/ea173251-8k_creatdinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-010393

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