---
schema_version: "secwatch.filing_event.v1"
accession: "0001327318-23-000025"
form_type: "8-K/A"
ticker: null
cik: "0001327318"
company_name: "TrueCar, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:21:15.697358+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TrueCar files CEO employment terms: $500K base, $1.5M RSU grant, $3.4M recommended 2024 LTI

## Summary
- Jantoon Reigersman appointed President & CEO effective June 15, 2023, and to the Board on July 27, 2023.
- Base salary $500,000; annual bonus target of 100% of base salary.
- Promotion RSU grant of $1.5M (663,716 units) vests 1/3 on each June 15 from 2024-2026.
- Company recommends 2024 LTI of $3.4M: 40% time-based RSUs, 60% performance-based RSUs.
- Severance: 12 months base + full target bonus (pre-Change in Control); 24 months + 2x bonus (post-Change in Control).

## SEC filing metadata
- accession: 0001327318-23-000025
- form_type: 8-K/A
- cik: 0001327318
- company_name: TrueCar, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327318/000132731823000025/0001327318-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327318/000132731823000025/true-20230614.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327318-23-000025
- JSON: https://secwatch.observer/filing/0001327318-23-000025.json
- Plain text: https://secwatch.observer/filing/0001327318-23-000025.txt

## Key facts
- Executive change
  Jantoon Reigersman was appointed as President and Chief Executive Officer at TrueCar, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: the Company had appointed Jantoon Reigersman as President and Chief Executive Officer of the Company and designated him the Company’s “principal executive officer,” effective June 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327318/000132731823000025/0001327318-23-000025-index.htm
- Executive change
  Jantoon Reigersman was appointed as Director at TrueCar, Inc..
  - Action: appointed
  - Role: Director
  source text: Effective July 27, 2023, the Board appointed Mr. Reigersman to the Board, filling a vacancy caused by the resignation of Mr. Darrow from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327318/000132731823000025/0001327318-23-000025-index.htm

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