secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001437749-25-002145
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology enters employment agreement with CFO Mark A. Cox; salary unchanged at $270k
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- Agreement dated Jan 24, 2025; Mr. Cox continues as VP and CFO.
- Base salary remains $270,000; eligible for annual bonus and equity awards.
- Two-year initial term with automatic one-year renewals unless notice given.
- Severance on termination without cause or for good reason: 1x base salary plus greater of last bonus or 25% of base.
- Severance conditioned on release and 12-month non-compete/non-solicit covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774925002145/0001437749-25-002145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774925002145/mind20250129_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002145

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