secwatch.observer — SEC 8-K summary
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Issuer:     ACORN ENERGY, INC. (ACFN)
CIK:        0000880984
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001493152-22-015612
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acorn Energy enters amended consulting agreement with CFO Tracy Clifford; grants 50,000 options at $0.44
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- Cash compensation of $17,500/month under one-year agreement with automatic renewal.
- Grant of 50,000 stock options at $0.44 per share; 25% vested immediately, remainder in three equal quarterly installments.
- Upon termination without cause, six months of continued monthly cash compensation.
- Tracy Clifford continues as CFO of Acorn and COO of OmniMetrix subsidiary; engagement is as consultant, not employee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880984/000149315222015612/0001493152-22-015612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880984/000149315222015612/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-015612

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