---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-001395"
form_type: "8-K"
ticker: "ACFN"
cik: "0000880984"
company_name: "ACORN ENERGY, INC."
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:42:17.048630+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Acorn Energy extends CEO and CFO consulting agreements with monthly cash and option grants

## Summary
- CEO Loeb receives $16,780/month plus $10,000/month as OmniMetrix Acting CEO; term through Dec 31, 2024.
- CFO Clifford receives $18,025/month under auto-renewing one-year consulting agreement.
- Each executive granted 2,200 options at $6.09/share; 25% vested immediately, remainder quarterly.
- Options vest in equal increments on April 1, July 1, October 1, 2024.
- Clifford's agreement provides six months severance if terminated without cause.

## SEC filing metadata
- accession: 0001493152-24-001395
- form_type: 8-K
- ticker: ACFN
- cik: 0000880984
- company_name: ACORN ENERGY, INC.
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880984/000149315224001395/0001493152-24-001395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880984/000149315224001395/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-001395
- JSON: https://secwatch.observer/filing/0001493152-24-001395.json
- Plain text: https://secwatch.observer/filing/0001493152-24-001395.txt

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