secwatch.observer — SEC 8-K summary
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Issuer:     CEA Industries Inc. (BNC)
CIK:        0001482541
Form:       8-K
Filed at:   2026-04-09T23:59:59+00:00
Accession:  0001493152-26-015896
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEA Industries adopts inducement plan, grants 363,636 RSUs to new CFO Miller
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- Board approved 2026 Inducement Plan authorizing up to 1,000,000 shares for equity inducement grants to new employees.
- CFO William B. Miller received 363,636 time-based RSUs with grant date fair value of $1,000,000 as hiring inducement.
- RSU vesting: 25% on first anniversary, then equal quarterly installments through fourth anniversary.
- Vesting accelerates on termination without cause, death/disability, or change-in-control qualifying termination; forfeited on cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482541/000149315226015896/0001493152-26-015896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482541/000149315226015896/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-015896

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