secwatch.observer — SEC 8-K summary
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Issuer:     EXAGEN INC. (XGN)
CIK:        0001274737
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001274737-23-000116
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chief Business Officer Mark Hazeltine resigns; enters consulting and severance agreements
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- Mark Hazeltine resigned as CBO on Dec 6, 2023; will provide consulting through Mar 31, 2024 at $243/hour.
- Severance includes $202,442 (6 months salary) and $182,197 (100% of 2023 performance bonus).
- Unvested stock options and RSUs continue to vest during consulting term.
- Company eliminated the CBO position; consulting includes knowledge transfer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1274737/000127473723000116/0001274737-23-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1274737/000127473723000116/exdx-20231206.htm
  HTML page:      https://secwatch.observer/filing/0001274737-23-000116

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