---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-046596"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T17:10:14.606153+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Safe & Green Holdings director Shafron Hawkins resigns; Samarth Verma appointed

## Summary
- Shafron Hawkins resigned from board and all committees effective May 21, 2025, with no disagreement.
- Samarth Verma appointed same day to fill vacancy; term expires at 2025 annual meeting.
- Verma receives annual cash retainer of $80k plus $80k in RSUs vesting quarterly over two years.
- Verma appointed to Audit and Compensation Committees; chair of Nominating/ESG Committee.
- Verma is co-founder/chairman of FansXR; background in immersive media, math, and NASA grant research.

## SEC filing metadata
- accession: 0001213900-25-046596
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025046596/0001213900-25-046596-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025046596/ea0243183-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-046596
- JSON: https://secwatch.observer/filing/0001213900-25-046596.json
- Plain text: https://secwatch.observer/filing/0001213900-25-046596.txt

## Key facts
- Executive change
  Samarth Verma was appointed as Director at OLENOX INDUSTRIES INC..
  - Action: appointed
  - Role: Director
  source text: On May 21, 2025, the Board appointed Samarth Verma as a director of the Company to fill the vacancy created by Shafron Hawkins' resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390025046596/0001213900-25-046596-index.htm
- Executive change
  Shafron Hawkins resigned as Director at OLENOX INDUSTRIES INC..
  - Action: resigned
  - Role: Director
  source text: Shafron Hawkins, a member of the Board of Directors (the “Board”) of Safe & Green Holdings Corp. (the “Company”), notified the Company of his decision to resign, effective May 21, 2025, from his position as a member of the Board and as a member of the following Board committees: the Audit Committee; the Compensation Committee; and the Nominating, Environmental, Social and Corporate Governance Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390025046596/0001213900-25-046596-index.htm

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