{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-018804","form_type":"8-K/A","ticker":null,"cik":"0000917491","company_name":"FARO TECHNOLOGIES INC","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.799625+00:00","generated_at":"2026-06-14T21:59:43.864122+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FARO CEO Michael Burger to retire July 1; transition agreement provides advisory role through June 2024","bullets":["Burger will remain CEO through June 30, 2023, then serve as Strategic Advisor until June 30, 2024.","Burger resigned from the Board effective May 12, 2023; no disagreement cited.","During transition, Burger continues base salary; eligible for 2023 and prorated 2024 STIP bonuses subject to release.","Outstanding equity awards continue vesting during transition; acceleration triggers include termination without cause or change in control.","If terminated without cause before June 30, 2024, Burger receives lump-sum salary through that date, COBRA, and accelerated vesting."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-018804","json":"https://secwatch.observer/filing/0001628280-23-018804.json","markdown":"https://secwatch.observer/filing/0001628280-23-018804.md","text":"https://secwatch.observer/filing/0001628280-23-018804.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/0001628280-23-018804-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/faro-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T21:59:43.864122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"39962f5214","claim":"Michael Burger changed role as President and Chief Executive Officer at FARO TECHNOLOGIES INC.","evidence_excerpt":"On May 3, 2023, the Company announced that its President and Chief Executive Officer, Michael Burger, had informed the Company that he intended to retire as President and Chief Executive Officer of the Company, with the retirement to be effective July 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/0001628280-23-018804-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"8eb7a4b456","claim":"Michael Burger resigned as Director at FARO TECHNOLOGIES INC.","evidence_excerpt":"On and effective as of the Effective Date, Mr. Burger resigned as a member of the board of directors of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/0001628280-23-018804-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}