---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-025096"
form_type: "8-K"
ticker: "SHAZ"
cik: "0002068385"
company_name: "SharonAI Holdings Inc."
filed_at: "2026-05-22T21:56:28+00:00"
generated_at: "2026-05-26T10:08:46.375930+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SharonAI appoints Andrew Penn as Chairman of the Board, effective May 21, 2026

## Summary
- Mr. Penn receives initial grant of 40,000 RSUs vesting over 3 years; annual grant of 6,944 RSUs vesting in 1 year.
- Annual cash compensation of $165,000 under Director Appointment Letter.
- Mr. Penn previously CEO of Telstra (ASX:TLS) and AXA Asia Pacific, brings experience in tech and infrastructure.
- He fills a vacancy as Class II director, standing for election at 2027 annual meeting.

## SEC filing metadata
- accession: 0001493152-26-025096
- form_type: 8-K
- ticker: SHAZ
- cik: 0002068385
- company_name: SharonAI Holdings Inc.
- filed_at: 2026-05-22T21:56:28+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2068385/000149315226025096/0001493152-26-025096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2068385/000149315226025096/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-025096
- JSON: https://secwatch.observer/filing/0001493152-26-025096.json
- Plain text: https://secwatch.observer/filing/0001493152-26-025096.txt

## Source-grounded claims
- claim_id: 122a09e835
  claim: Andrew Penn was appointed as Chair of the Board at SharonAI Holdings Inc..
  evidence_excerpt: On May 21, 2026, the Board of Directors (“the Board”) of SharonAI Holdings Inc. (the “Company”), appointed Mr. Andrew Penn to serve as a member of, and as the Chair of, the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/2068385/000149315226025096/0001493152-26-025096-index.htm

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