secwatch.observer — SEC 8-K summary
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Issuer:     AIRWA INC. (YYAI)
CIK:        0001674440
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0001641172-25-015651
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Warren Andrew Thomson resigns; board adopts new director compensation structure
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- Warren Andrew Thomson resigned from the board effective June 12, 2025, with no disagreement with the company.
- Board approved change from quarterly cash plus restricted stock to annual cash of $60,000 for all directors.
- Retroactive adjustment results in each director owed $30,000 for past service, including CEO Tarala.
- CEO Thomas Tarala's director compensation also changed to $60,000 annual cash, retroactive to board membership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674440/000164117225015651/0001641172-25-015651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674440/000164117225015651/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-015651

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