---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-024382"
form_type: "8-K"
ticker: "MDBH"
cik: "0001934642"
company_name: "MDB Capital Holdings, LLC"
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:43:38.174099+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# MDB Capital appoints Daniel Torpey as independent director, board expands to eight

## Summary
- Board increased from seven to eight directors; Torpey effective June 17, 2024.
- Torpey to receive $50,000 annual cash comp, $12,500 onboarding, and 100,000 RSUs vesting over time.
- Torpey is a CPA and EY assurance partner retiring in June 2024; qualifies as financial expert.
- Company adopted a revised Code of Ethics on June 17, 2024.

## SEC filing metadata
- accession: 0001493152-24-024382
- form_type: 8-K
- ticker: MDBH
- cik: 0001934642
- company_name: MDB Capital Holdings, LLC
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934642/000149315224024382/0001493152-24-024382-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934642/000149315224024382/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-024382
- JSON: https://secwatch.observer/filing/0001493152-24-024382.json
- Plain text: https://secwatch.observer/filing/0001493152-24-024382.txt

## Key facts
- Executive change
  Daniel Torpey was appointed as independent director at MDB Capital Holdings, LLC.
  - Action: appointing
  - Role: independent director
  source text: Effective June 17, 2024, the Board of Directors (the “Board”) of MDB Capital Holdings, LLC (the “Company”) increased the size of the Board by one position to a total of eight directors and filled the vacancy created by the increase by appointing Mr. Daniel Torpey, age 60, as an independent director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934642/000149315224024382/0001493152-24-024382-index.htm

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