---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-027955"
form_type: "8-K/A"
ticker: null
cik: "0001758057"
company_name: "Luminar Technologies, Inc./DE"
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T11:01:19.429931+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CEO Paul Ricci officially appointed May 27; $600K salary, $600K target bonus, equity grants totaling ~2.1M RSUs

## Summary
- Base salary $600K; target annual bonus $600K (100% of base).
- Standard equity award: 1,640,758 RSUs (50% time-based, 50% performance-based on market cap goals).
- Signing equity award: 468,788 fully vested RSUs subject to 12-month clawback for cause or resignation without good reason.
- Non-CIC severance: 1.5× base+bonus for 18 months, 12 months equity vesting acceleration, COBRA.
- CIC severance: 2.0× base+bonus for 24 months, 100% equity vesting acceleration, COBRA.

## SEC filing metadata
- accession: 0001628280-25-027955
- form_type: 8-K/A
- cik: 0001758057
- company_name: Luminar Technologies, Inc./DE
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758057/000162828025027955/0001628280-25-027955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758057/000162828025027955/lazr-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-027955
- JSON: https://secwatch.observer/filing/0001628280-25-027955.json
- Plain text: https://secwatch.observer/filing/0001628280-25-027955.txt

## Key facts
- Executive change
  Paul Ricci was appointed as Chief Executive Officer at Luminar Technologies, Inc./DE.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Paul Ricci was appointed as Chief Executive Officer effective on or about May 21, 2025, the anticipated start date of his employment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758057/000162828025027955/0001628280-25-027955-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.