---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-039949"
form_type: "8-K"
ticker: null
cik: "0001463833"
company_name: "IDW MEDIA HOLDINGS, INC."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:57:59.478651+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IDW Media finalizes separation agreements with former CEO Grafman ($300K) and former CFO Feinstein ($96.8K)

## Summary
- CEO Allan Grafman receives $300,000 separation pay ($75K initial, $225K over 14 bi-weekly installments) and immediate vesting of 26,399 options at $1.77/share.
- CFO Brooke Feinstein receives $96,765.68 in 10 bi-weekly installments plus up to $2,205.72/month COBRA reimbursement through Oct 31, 2023.
- Separations follow Grafman's removal as CEO (effective May 1, 2023) and Feinstein's as CFO (effective April 27, 2023), previously disclosed.
- Both executives signed general releases of claims, including ADEA waiver and non-disparagement obligations.

## SEC filing metadata
- accession: 0001213900-23-039949
- form_type: 8-K
- cik: 0001463833
- company_name: IDW MEDIA HOLDINGS, INC.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463833/000121390023039949/0001213900-23-039949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463833/000121390023039949/ea178630-8k_idwmedia.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-039949
- JSON: https://secwatch.observer/filing/0001213900-23-039949.json
- Plain text: https://secwatch.observer/filing/0001213900-23-039949.txt

## Key facts
- Executive change
  Brooke Feinstein was removed as Chief Financial Officer at IDW MEDIA HOLDINGS, INC..
  - Action: removed
  - Role: Chief Financial Officer
  source text: In connection with the removal of Brooke Feinstein as Chief Financial Officer of the Company, as previously disclosed in the Prior 8-K, the Company and Ms. Feinstein entered into a Separation and General Release Agreement, dated May 9, 2023 (the “Feinstein Separation Agreement”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463833/000121390023039949/0001213900-23-039949-index.htm
- Executive change
  Allan Grafman was removed as Chief Executive Officer at IDW MEDIA HOLDINGS, INC..
  - Action: removed
  - Role: Chief Executive Officer
  source text: In connection with the removal of Allan Grafman as Chief Executive Officer of IDW Media Holdings, Inc. (the “Company”), as previously disclosed in a Current Report on Form 8-K filed on April 27, 2023 (the “Prior 8-K”), the Company and Mr. Grafman entered into a Separation and General Release Agreement, dated May 10, 2023 (the “Grafman Separation Agreement”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463833/000121390023039949/0001213900-23-039949-index.htm

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