secwatch.observer — SEC 8-K summary
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Issuer:     Healthcare Triangle, Inc. (HCTI)
CIK:        0001839285
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001607062-23-000427
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Triangle director Paige Heaphy resigns, becomes consultant under $20k/month agreement
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- Director Paige Heaphy resigned from the Board effective September 1, 2023; no disagreement cited.
- Entered Consulting Agreement for minimum 25 hrs/week, initial 3-month term with auto-renewal up to 6 months total.
- Monthly cash fee of $20,000 during initial term; additional pre-approved work at $300 per hour.
- One-year non-competition restriction after termination of consulting agreement.
- Heaphy served on Board since January 2023; brings 20 years healthcare operations experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000427/0001607062-23-000427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000427/hcti090523form8k.htm
  HTML page:      https://secwatch.observer/filing/0001607062-23-000427

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