secwatch.observer — SEC 8-K summary
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Issuer:     GOLD RESOURCE CORP (GORO)
CIK:        0001160791
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001558370-24-006624
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gold Resource pays 2023 executive bonuses in RSUs at 59.1% of target to conserve cash
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- 2023 STIP paid at 59.1% of target; CEO Palmiere gets 313,165 RSUs ($175,591 value).
- CFO Holyoak gets 101,225 RSUs ($56,757); COO Reyes gets 143,824 RSUs ($80,642).
- Cash conservation cited for RSU issuance instead of cash; RSUs vest in three annual installments.
- Net loss for FY2023 was $16.017M; TSR per $100 investment is $25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1160791/000155837024006624/0001558370-24-006624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1160791/000155837024006624/goro-20240429x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-006624

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