secwatch.observer — SEC 8-K summary
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Issuer:     GameStop Corp. (GME)
CIK:        0001326380
Form:       8-K
Filed at:   2022-07-07T23:59:59+00:00
Accession:  0001326380-22-000112
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GameStop terminates CFO Michael Recupero, names Diana Saadeh-Jajeh as new CFO
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- Michael Recupero terminated as CFO effective July 7, 2022; no cause severance per offer letter.
- Diana Saadeh-Jajeh appointed CFO; previously interim CFO in 2021 and Chief Accounting Officer.
- New CFO base salary $200k; eligible for transformation bonus of $1.965M over two years.
- RSU grant of $1M in stock value, vesting on July 1, 2023, subject to continued employment.
- Severance includes 6 months salary, COBRA, and accelerated equity vesting if terminated without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326380/000132638022000112/0001326380-22-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326380/000132638022000112/gme-20220707.htm
  HTML page:      https://secwatch.observer/filing/0001326380-22-000112

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