secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN GROUP, INC. (ASPU)
CIK:        0001487198
Form:       8-K
Filed at:   2021-07-23T23:59:59+00:00
Accession:  0001553350-21-000605
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Michael Mathews gets new 3-year employment agreement; base salary raised to $350k
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- Base salary increased from $325k to $350k per year.
- Grant of 125k RSUs vesting upon filing a quarterly/annual report showing GAAP net income for that quarter.
- Cash bonuses awarded for FY2021: Mathews $100,425, St. Arnauld $92,700, Wendolowski $92,700, McNamara $75,000, Alessi $75,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487198/000155335021000605/0001553350-21-000605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487198/000155335021000605/aspu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-21-000605

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