secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001213900-24-009015
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha executive reshuffle: new CFO, Logozzo becomes President/COO, Aldecoa CPO
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- Michael Frenz appointed CFO effective Feb 1, 2024; base salary $225k, bonus up to 66.7% of salary.
- Mike Logozzo promoted to President and COO (was CFO); base salary raised to $250k retroactive to Jan 1, 2024.
- Jorge Aldecoa becomes Chief Product Officer (was COO); base salary set at $215k.
- CEO Giri Devanur base salary adjusted to $250k; all execs eligible for discretionary bonuses up to 66.7% and LTI awards.
- Frenz reports to Logozzo; Logozzo reports to CEO; compensation amendments tied to prior IPO milestone.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390024009015/0001213900-24-009015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390024009015/ea192656-8k_realphatech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-009015

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