secwatch.observer — SEC 8-K summary
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Issuer:     Professional Diversity Network, Inc. (IPDN)
CIK:        0001546296
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001493152-22-020532
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Grace Reyes resigns from Board, Chris Renn appointed as director
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- Grace Reyes resigned from Board effective July 28, 2022; not due to any disagreement.
- Reyes will serve as Chairwoman of IAW Advisory Board (wholly-owned subsidiary); compensation includes $50k/yr cash, 10% commission on sponsorship sales, and restricted stock grants.
- Chris Renn elected to fill vacancy effective July 28, 2022; currently director at Bluestone Capital and SVP of Rennatus.
- No arrangement or family relationship between Renn and other directors or executive officers.
- Renn's director compensation will be commensurate with other outside directors as per 2022 proxy statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1546296/000149315222020532/0001493152-22-020532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1546296/000149315222020532/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-020532

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