secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2023-08-21T23:59:59+00:00
Accession:  0001437749-23-024283
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment appoints Dr. Ashraf Lotfi to Board, expands from five to six directors
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- Dr. Ashraf Lotfi appointed to CVD Equipment's Board effective August 18, 2023; board expanded from five to six members.
- Lotfi brings semiconductor and power electronics expertise; previously VP and Fellow at Intel, CEO/Founder of Enpirion.
- He will serve on Audit, Compensation, and Nominating committees; qualifies as independent under Nasdaq rules.
- As non-employee director, receives $40,000 annual cash and $40,000 in restricted stock vesting quarterly over one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000143774923024283/0001437749-23-024283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000143774923024283/cvv20230821_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-024283

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