secwatch.observer — SEC 8-K summary
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Issuer:     ACORN ENERGY, INC. (ACFN)
CIK:        0000880984
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0001493152-22-000228
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Acorn Energy signs consulting agreement with CEO Jan Loeb; grants 35,000 options at $0.63
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- Cash compensation of $16,000/month for President/CEO role, plus $10,000/month for acting CEO of OmniMetrix.
- Grant of 35,000 options at exercise price of $0.63 (Dec 31, 2021 closing price).
- Options vest: 25% immediately, remainder in three equal quarterly increments through Oct 2022.
- Agreement effective Jan 1, 2022, expires Dec 31, 2022 unless terminated earlier.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880984/000149315222000228/0001493152-22-000228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880984/000149315222000228/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-000228

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