secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2026-05-12T20:10:31+00:00
Accession:  0001628280-26-034107
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Cardlytics Chief Legal & Privacy Officer Nick Lynton to resign; receives $380K+ severance
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- Nick Lynton resigns as Chief Legal & Privacy Officer, effective July 3, 2026 or upon successor appointment.
- Lynton will remain in a non-officer advisory role until Effective Date to transition responsibilities.
- Separation includes a $380,000 lump sum payment plus COBRA reimbursement for up to 12 months.
- Additional $70,320.21 lump sum payment expected in Q1 2027.
- Transition Agreement replaces prior Separation Pay Agreement dated August 8, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000162828026034107/0001628280-26-034107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000162828026034107/cdlx-20260510.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-034107

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