---
schema_version: "secwatch.filing_event.v1"
accession: "0001327318-23-000037"
form_type: "8-K/A"
ticker: null
cik: "0001327318"
company_name: "TrueCar, Inc."
filed_at: "2023-10-06T23:59:59+00:00"
generated_at: "2026-06-10T03:18:24.488230+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# TrueCar CFO Teresa Luong terminated; separation agreement provides severance without cause

## Summary
- Termination of CFO Teresa Luong effective October 2, 2023.
- Separation agreement signed October 5, 2023, approved by board September 23, 2023.
- Severance benefits per Employment Agreement dated February 16, 2023 for termination without cause.
- Agreement includes a release of claims against TrueCar by Ms. Luong.

## SEC filing metadata
- accession: 0001327318-23-000037
- form_type: 8-K/A
- cik: 0001327318
- company_name: TrueCar, Inc.
- filed_at: 2023-10-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327318/000132731823000037/0001327318-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327318/000132731823000037/true-20230923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327318-23-000037
- JSON: https://secwatch.observer/filing/0001327318-23-000037.json
- Plain text: https://secwatch.observer/filing/0001327318-23-000037.txt

## Key facts
- Executive change
  Teresa Luong was terminated as Chief Financial Officer at TrueCar, Inc..
  - Action: terminated
  - Role: Chief Financial Officer
  source text: the Company had terminated the employment of Teresa Luong as Chief Financial Officer of the Company effective October 2, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327318/000132731823000037/0001327318-23-000037-index.htm

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