secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001213900-23-092093
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Nauticus Robotics removes CFO and Chief Legal Officer; appoints interim CFO
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- Removed CFO Rangan Padmanabhan and Chief Legal Officer M. Dilshad Kasmani as officers on Nov 30, 2023; terminations 'other than for cause'.
- Appointed Victoria Hay as Interim CFO effective Dec 1, 2023; she is President of Flexible Consulting, LLC.
- Ms. Hay receives $30k/mo cash, up to $1k/mo expense reimbursement, and 40,000 RSUs vesting in up to one year.
- Company had previously engaged Flexible Consulting for ~$446k in services since Jan 2023.
- Board allows non-executive directors to elect RSUs instead of cash compensation until 2024 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000121390023092093/0001213900-23-092093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000121390023092093/ea189356-8k425_nauticus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-092093

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