secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001493152-23-037595
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media appoints Ethan Rudin as CFO, replacing Miriam Martinez
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- Ethan Rudin named CFO effective Oct 18, 2023; base salary $325K, bonus up to 25%.
- Granted options to purchase 325K shares at $0.09/share, vesting over four years.
- Miriam Martinez transitions to principal financial officer for 60 days, then leave of absence.
- Mr. Rudin has prior CFO roles at Boundless Network, BuildDirect, Greenlane, and Napster.
- Severance of six months' base salary if terminated without cause; one-year non-compete.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000149315223037595/0001493152-23-037595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000149315223037595/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037595

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