secwatch.observer — SEC 8-K summary
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Issuer:     XERIANT, INC. (XERI)
CIK:        0001481504
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001477932-25-002373
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Xeriant director Edward DeFeudis resigns; Mark Sternberg elected
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- Edward DeFeudis resigned as director effective March 31, 2025, with no disagreement with company.
- Mark Sternberg elected director effective March 31, 2025; had been on Board of Advisors since Jan 14, 2025.
- Sternberg granted 1,000,000 shares vesting quarterly; $2,500 per meeting in cash/shares.
- Sternberg receives $25,000 in shares at end of each year of service plus additional BD/IP/patent comp.
- Sternberg brings 30+ years experience in nano-coatings design, manufacturing, and patents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481504/000147793225002373/0001477932-25-002373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481504/000147793225002373/xeri_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-002373

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