---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-019955"
form_type: "8-K"
ticker: "PLSH"
cik: "0001552189"
company_name: "PANACEA LIFE SCIENCES HOLDINGS, INC."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:11:29.270507+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Panacea grants 1.11M shares to CEO, President, Board member, Controller in lieu of cash compensation

## Summary
- Leslie Buttorff (CEO) receives 760,000 shares for her 2023 annual salary.
- Lawrence J. Wert (Board) receives 150,000 shares for 2022-2023 Board service.
- Nick Cavarra (President) receives 150,000 shares for 2022 sales commissions.
- Nathan Berman (Controller) receives 50,000 shares in lieu of salary increase.
- 50% of shares vest immediately; remaining vest on one-year anniversary.

## SEC filing metadata
- accession: 0001493152-23-019955
- form_type: 8-K
- ticker: PLSH
- cik: 0001552189
- company_name: PANACEA LIFE SCIENCES HOLDINGS, INC.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552189/000149315223019955/0001493152-23-019955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552189/000149315223019955/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-019955
- JSON: https://secwatch.observer/filing/0001493152-23-019955.json
- Plain text: https://secwatch.observer/filing/0001493152-23-019955.txt

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