secwatch.observer — SEC 8-K summary
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Issuer:     SOBR Safe, Inc. (SOBR)
CIK:        0001425627
Form:       8-K
Filed at:   2026-09-25T20:30:30+00:00
Accession:  0001477932-26-005798
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 8.01, 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

SOBR Safe approves retention bonuses, reports shell company status and planned dissolution vote
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- Board approved retention bonuses for directors Sandy Shoemaker $55,000, Kris Pederson $50,000, and Steven Beabout $70,000; Shoemaker also gets $30,000 and Beabout $50,000 from August bonuses.
- CEO David Gandini receives a $100,000 bonus and $270,000 release payment; CFO Chris Whitaker receives a $70,000 bonus and $270,000 release payment.
- Payments: 60% within 10 days of September 22, 2026; 40% on November 30, 2026, subject to release agreements and, for executives, continued employment.
- SOBR Safe says it meets the 'shell company' definition after discontinuing revenue operations and reducing workforce; Board approved a stockholder vote on dissolution.
- Executives agreed to stay through November 30, 2026, subject to stockholder approval of dissolution; remaining 40% is payable if the company ceases or employment ends without fault.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425627/000147793226005798/0001477932-26-005798-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425627/000147793226005798/sobr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-005798

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