---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-036360"
form_type: "8-K"
ticker: "HTCR"
cik: "0001892322"
company_name: "HeartCore Enterprises, Inc."
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:18:16.824468+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# HeartCore Enterprises elects Koji Sato as director with $50K annual fee

## Summary
- Koji Sato elected to HeartCore board effective September 29, 2023 per Board election.
- Director compensation: $50,000 annually ($12,500 quarterly) for board service.
- Additional annual committee fees: $4,000 for Audit, plus $3,000 as Audit chair; $4,000 for Compensation; $3,000 for Nominating.
- Company entered into standard indemnification agreement covering expenses, judgments, and advances.
- Director agreement includes confidentiality, IP work-made-for-hire, and indemnification/insurance provisions.

## SEC filing metadata
- accession: 0001493152-23-036360
- form_type: 8-K
- ticker: HTCR
- cik: 0001892322
- company_name: HeartCore Enterprises, Inc.
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892322/000149315223036360/0001493152-23-036360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892322/000149315223036360/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-036360
- JSON: https://secwatch.observer/filing/0001493152-23-036360.json
- Plain text: https://secwatch.observer/filing/0001493152-23-036360.txt

## Key facts
- Executive change
  Koji Sato was elected as Director at HeartCore Enterprises, Inc..
  - Action: elected
  - Role: Director
  source text: Also on September 29, 2023, the Company entered into an Independent Director Agreement (the “Director Agreement”) with Mr. Sato.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892322/000149315223036360/0001493152-23-036360-index.htm

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