secwatch.observer — SEC 8-K summary
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Issuer:     MONEYLION INC. (—)
CIK:        0001807846
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001213900-23-021076
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MoneyLion awards 7.77M RSUs and target 3.88M PSUs to top three executives; CFO named President
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- CEO Diwakar Choubey: 4M RSUs + 2M target KPI PSUs; CFO Richard Correia: 2.67M RSUs + 1.33M PSUs; CPO Timmie Hong: 1.1M RSUs + 0.55M PSUs.
- Richard Correia appointed President effective March 15, 2023, while retaining CFO and Treasurer roles.
- RSUs vest quarterly over 3 years; KPI PSUs tied to 2023 revenue, customer acquisition, and EBITDA goals with 80-120% payout range.
- Bylaws amended to implement universal proxy requirements and remove expired lock-up restrictions on Class A common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807846/000121390023021076/0001213900-23-021076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807846/000121390023021076/ea175420-8k_moneylion.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-021076

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