secwatch.observer — SEC 8-K summary
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Issuer:     Bimergen Energy Corp (BESS)
CIK:        0001066764
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001493152-23-043066
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitech grants 500K and 1M restricted stock awards to CFO and director, vesting by 12/31/2023
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- 500,000 shares awarded to CFO Robert J. Brilon; 1,000,000 shares to director Gregory Trimarche.
- Both awards vest 100% on December 31, 2023, subject to continued service.
- Shares forfeited if voluntarily terminated or terminated for cause before vesting date.
- Awards approved by board on November 27, 2023; standard restricted stock agreement used.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066764/000149315223043066/0001493152-23-043066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066764/000149315223043066/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-043066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer