---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-011658"
form_type: "8-K"
ticker: "LUVU"
cik: "0001374567"
company_name: "Luvu Brands, Inc."
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T22:40:24.239117+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CFO Alexander Sannikov resigns; Martin Scott appointed as CFO of Luvu Brands

## Summary
- CFO Alexander Sannikov resigned effective Sept 1, 2023; no disagreement with board or management.
- Martin Scott, CPA, appointed CFO; previously founder of Martin Scott CFO Consulting Services.
- Employment term 12 months, base salary $126,000/year; no severance on termination.
- Scott receives option for 200,000 shares at $0.0812/share, vesting 50% on Sept 1, 2024 and 2025.
- Options accelerate upon change of control or uplisting to a national exchange.

## SEC filing metadata
- accession: 0001654954-23-011658
- form_type: 8-K
- ticker: LUVU
- cik: 0001374567
- company_name: Luvu Brands, Inc.
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1374567/000165495423011658/0001654954-23-011658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1374567/000165495423011658/luvu_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-011658
- JSON: https://secwatch.observer/filing/0001654954-23-011658.json
- Plain text: https://secwatch.observer/filing/0001654954-23-011658.txt

## Key facts
- Executive change
  Martin Scott was appointed as Chief Financial Officer at Luvu Brands, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Effective September 1, 2023, the Company appointed Martin Scott as Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374567/000165495423011658/0001654954-23-011658-index.htm
- Executive change
  Alexander A. Sannikov resigned as Chief Financial Officer at Luvu Brands, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On September 1, 2023, Alexander A. Sannikov, Chief Financial Officer of Luvu Brands, Inc. (the “Company”), notified the Company of his intention to resign from his position as Chief Financial Officer and remain a consultant of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374567/000165495423011658/0001654954-23-011658-index.htm

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