---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-008357"
form_type: "8-K"
ticker: "RIME"
cik: "0000923601"
company_name: "Algorhythm Holdings, Inc."
filed_at: "2026-02-27T23:59:59+00:00"
generated_at: "2026-05-15T23:20:44.601441+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Algorhythm Holdings enters new CEO employment agreement with Gary Atkinson; $360K base, 740K stock options

## Summary
- CEO Gary Atkinson entered amended employment agreement effective February 23, 2026, with three-year term and automatic renewals.
- Base salary of $360,000 per annum; annual bonus up to 50% of base, half subject to performance targets.
- Stock option granted to purchase 740,597 shares at $1.84 per share, vesting quarterly over 4 years.
- Severance: 2x base salary plus max bonus if terminated without cause or for good reason, subject to release.
- Change-in-control bonus equals base salary plus max annual bonus; equity accelerates upon qualifying termination.

## SEC filing metadata
- accession: 0001493152-26-008357
- form_type: 8-K
- ticker: RIME
- cik: 0000923601
- company_name: Algorhythm Holdings, Inc.
- filed_at: 2026-02-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 3.02, 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923601/000149315226008357/0001493152-26-008357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923601/000149315226008357/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-008357
- JSON: https://secwatch.observer/filing/0001493152-26-008357.json
- Plain text: https://secwatch.observer/filing/0001493152-26-008357.txt

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