secwatch.observer — SEC 8-K summary
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Issuer:     Longeveron Inc. (LGVN)
CIK:        0001721484
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001213900-23-058324
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Longeveron appoints Lisa Locklear as CFO effective July 31, 2023
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- Lisa Locklear appointed EVP and CFO; base salary $400k, target bonus 45% of salary.
- Received 40,000 time-vesting RSUs under 2021 Incentive Award Plan.
- Interim CFO James Clavijo steps down July 31 but remains available for transition.
- Locklear most recently SVP & CFO of Avanir Pharmaceuticals (Sept 2018-Dec 2022).
- Severance: 3 months base salary per year of service if terminated without cause or resigns for good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1721484/000121390023058324/0001213900-23-058324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1721484/000121390023058324/ea182024-8k_longeveron.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-058324

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