secwatch.observer — SEC 8-K summary
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Issuer:     Verde Clean Fuels, Inc. (VGAS)
CIK:        0001841425
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001213900-24-084049
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Clean Fuels appoints George W. Burdette III as CFO, effective Oct 1, 2024
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- Base salary $400,000; eligible for discretionary annual cash bonus target of 50% of base salary.
- Initial stock option grant of 310,985 shares at exercise price >= $5.99; vesting 25% annually starting May 29, 2025.
- Severance of 1.5x base salary over 18 months (or 2.25x on change in control); no severance if wind-down or no facility notice by Feb 15, 2025.
- Burdette has 15+ years finance experience; former CFO at Arbor Renewable Gas, Itafos, and project finance head at First Solar.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841425/000121390024084049/0001213900-24-084049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841425/000121390024084049/ea0216221-8k_verde.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-084049

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