secwatch.observer — SEC 8-K summary
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Issuer:     SideChannel, Inc. (SDCH)
CIK:        0001022505
Form:       8-K
Filed at:   2022-12-30T23:59:59+00:00
Accession:  0001493152-22-037146
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SideChannel Chairman Thomas Wilkinson to retire; board reduced to 5; accelerated RSU vesting
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- Chairman Tom Wilkinson will retire and not stand for re-election at Feb 15, 2023 Annual Meeting.
- Board size reduced from 6 to 5 directors effective as of the Annual Meeting date.
- Wilkinson receives $15,000 in Q1 2023 board fees; then three $15,000 consulting installments in 2023.
- 500,000 restricted stock units (granted July 2022) vest immediately under consulting agreement.
- New Board Chairman to be elected at first meeting after the Annual Meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022505/000149315222037146/0001493152-22-037146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022505/000149315222037146/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-037146

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