---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-23-000133"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T13:33:03.847131+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cardlytics appoints Alex Mishurov to board under cooperation agreement with CAS Investment Partners

## Summary
- Alex Mishurov appointed as Class I director effective immediately; term expires at 2025 annual meeting.
- Cooperation agreement with CAS Investment Partners (14.4% owner) includes standstill, voting, and non-disparagement clauses.
- Mishurov will serve on Compensation, Nominating & Governance, and Transaction Committees.
- No compensation through 2025 AGM; thereafter $30K annual retainer, $20K committee retainer, and $165K RSU award.
- Mishurov is CEO/CIO of KPS Global Asset Management and a long-time Cardlytics investor.

## SEC filing metadata
- accession: 0001666071-23-000133
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000133/0001666071-23-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000133/cdlx-20230919.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-23-000133
- JSON: https://secwatch.observer/filing/0001666071-23-000133.json
- Plain text: https://secwatch.observer/filing/0001666071-23-000133.txt

## Key facts
- Executive change
  Alex Mishurov was appointed as Class I director at Cardlytics, Inc..
  - Action: appointed
  - Role: Class I director
  source text: On September 19, 2023, the Board authorized an increase the size of the Board to nine directors and appointed Mr. Mishurov to serve as a Class I director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000133/0001666071-23-000133-index.htm
- Material Agreements
  Cardlytics, Inc. entered into Cooperation Agreement with CAS Investment Partners, LLC valued at Appointment of Alex Mishurov to the Board, standstill obligations, mutual non-disparagement (effective 2023-09-19).
  - Action: entry
  - Counterparty: CAS Investment Partners, LLC
  - Value: Appointment of Alex Mishurov to the Board, standstill obligations, mutual non-disparagement
  - Effective: 2023-09-19
  source text: On September 19, 2023, Cardlytics, Inc. (the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with CAS Investment Partners, LLC and certain of its affiliates (collectively, the “Investors”) regarding the membership and composition of the board of directors of the Company (the “Board”) and related matters.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607123000133/0001666071-23-000133-index.htm

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