{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-029386","form_type":"8-K","ticker":"BFRI","cik":"0001858685","company_name":"Biofrontera Inc.","filed_at":"2022-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.804760+00:00","generated_at":"2026-06-23T01:44:27.249295+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Biofrontera appoints Fred Leffler CFO; base $355K, 40% bonus, 100K options, $25K signing","bullets":["Fred Leffler appointed CFO effective Oct 24, 2022.","Base salary $355K; one-time signing bonus $25K; annual bonus target 40% of base.","Granted 100,000 stock options vesting per company's employee stock option program.","Severance: lump sum of 1/12 base per year of service (min 6 months, max 2 years) if terminated without cause or resigns for good reason."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-029386","json":"https://secwatch.observer/filing/0001493152-22-029386.json","markdown":"https://secwatch.observer/filing/0001493152-22-029386.md","text":"https://secwatch.observer/filing/0001493152-22-029386.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1858685/000149315222029386/0001493152-22-029386-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1858685/000149315222029386/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T01:44:27.249295+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e965ad28b7","claim":"Fred Leffler was appointed as Chief Financial Officer at Biofrontera Inc..","evidence_excerpt":"On October 24, 2022, Biofrontera Inc. (the “Company”) announced that, effective as of that date, Fred Leffler has been appointed as Chief Financial Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1858685/000149315222029386/0001493152-22-029386-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}