secwatch.observer — SEC 8-K summary
======================================

Issuer:     MDB Capital Holdings, LLC (MDBH)
CIK:        0001934642
Form:       8-K
Filed at:   2025-04-11T23:59:59+00:00
Accession:  0001641172-25-003688
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

MDB Capital senior execs to swap 3.6M RSUs for options with performance vesting at $20
--------------------------------------------------------------------------------

- 3,600,000 RSUs from April 2022 to be cancelled in exchange for new stock option awards.
- New awards: 1,600,000 time-based options vesting over 2 years and 2,000,000 performance-based options.
- Performance options vest when Class A shares exceed $20.00 per share or aggregate dividends/distributions exceed $20.00 per share.
- Board has authorized preliminary terms; final award terms subject to further board approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934642/000164117225003688/0001641172-25-003688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934642/000164117225003688/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-003688

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