secwatch.observer — SEC 8-K summary
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Issuer:     SharonAI Holdings Inc. (SHAZ)
CIK:        0002068385
Form:       8-K
Filed at:   2026-05-22T21:56:28+00:00
Accession:  0001493152-26-025096
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2068385/000149315226025096/0001493152-26-025096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2068385/000149315226025096/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-025096

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