---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-024115"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2022-08-26T23:59:59+00:00"
generated_at: "2026-06-23T20:46:28.122382+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AYRO appoints David E. Hollingsworth as permanent CFO, effective August 23, 2022

## Summary
- Hollingsworth served as interim CFO since January 2022; now appointed permanently.
- Annual base salary of $230,000; eligible for bonuses up to 40% of salary.
- Granted 100,000 restricted shares vesting upon stock price, market cap, and business milestones.
- Employment agreement has initial two-year term with possible renewals; severance provisions included.

## SEC filing metadata
- accession: 0001493152-22-024115
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2022-08-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086745/000149315222024115/0001493152-22-024115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315222024115/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-024115
- JSON: https://secwatch.observer/filing/0001493152-22-024115.json
- Plain text: https://secwatch.observer/filing/0001493152-22-024115.txt

## Key facts
- Executive change
  David E. Hollingsworth was appointed as Chief Financial Officer at Fabric.AI, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board appointed David E. Hollingsworth as Chief Financial Officer of the Company, effective as of August 22, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086745/000149315222024115/0001493152-22-024115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.