secwatch.observer — SEC 8-K summary
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Issuer:     HG Holdings, Inc. (STLY)
CIK:        0000797465
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0001437749-24-019392
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HG Holdings CFO Justin Edenfield resigns; Anna Lieb appointed CFO and Secretary
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- Justin Edenfield resigned as Principal Financial and Accounting Officer and Secretary effective May 31, 2024; will serve as consultant for $12,000/month through Dec 2024.
- Anna Lieb, age 41, appointed as replacement; previously Controller at HG Managing Agency since Sep 2023 and CFO of National Consumer Title Insurance since May 2024.
- Lieb’s Employment Agreement: 3-year initial term, base salary $300,000, retention bonus $50,000 (paid Sep 2024 and Mar 2025), target bonus $60,000 + up to $100,000 based on metrics.
- Edenfield's resignation not due to any disagreement with Company's operations, policies, or practices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797465/000143774924019392/0001437749-24-019392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797465/000143774924019392/stly20240604_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-019392

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