---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-009768"
form_type: "8-K"
ticker: "PRPL"
cik: "0001643953"
company_name: "Purple Innovation, Inc."
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:11:32.163463+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Purple Innovation announces retirement of former CLO Casey McGarvey effective Feb 2, 2024

## Summary
- Casey McGarvey retired as advisor effective Feb 2, 2024; he resigned as Chief Legal Officer on Oct 23, 2023.
- Separation agreement provides $226,897 severance (29 weeks of base pay) paid in installments.
- McGarvey will receive up to $1,200/month COBRA subsidy through Aug 2024.
- Equity awards (RSUs and options) continue vesting through Mar 15, 2024; 18,917 RSUs and 658 options vest on that date.
- Agreement includes standard release of claims, confidentiality, and non-disparagement provisions.

## SEC filing metadata
- accession: 0001213900-24-009768
- form_type: 8-K
- ticker: PRPL
- cik: 0001643953
- company_name: Purple Innovation, Inc.
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643953/000121390024009768/0001213900-24-009768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643953/000121390024009768/ea192754-8k_purple.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-009768
- JSON: https://secwatch.observer/filing/0001213900-24-009768.json
- Plain text: https://secwatch.observer/filing/0001213900-24-009768.txt

## Key facts
- Executive change
  Casey McGarvey retired as Advisor at Purple Innovation, Inc..
  - Action: retired
  - Role: Advisor
  source text: On February 2, 2024, Casey McGarvey, a named executive officer of Purple Innovation, Inc. (the “Company”), and the Company determined that due to his retirement Mr. McGarvey’s last day of employment with the Company was February 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390024009768/0001213900-24-009768-index.htm

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