secwatch.observer — SEC 8-K summary
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Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2025-12-30T23:59:59+00:00
Accession:  0001493152-25-029637
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Air appoints Dan Moorhead as CFO effective Jan 5, 2026; replaces interim CFO Duke Dewrell
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- Salary set at $325k; eligible for discretionary bonus and equity participation.
- Granted inducement stock option for 70,000 shares, vesting 25% on first anniversary and quarterly thereafter.
- Moorhead most recently served as CFO of Zynex, Inc. until August 2025; brings 20+ years of finance leadership.
- Duke Dewrell, who assumed CFO duties on an interim basis in November 2025, returns to controller role.
- Appointment aligns with preparation for LungFit PH second-generation FDA approval and commercial launch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315225029637/0001493152-25-029637-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315225029637/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-029637

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