secwatch.observer — SEC 8-K summary
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Issuer:     HF Foods Group Inc. (HFFG)
CIK:        0001680873
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0001680873-22-000021
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HF Foods appoints Xi Lin (Felix Lin) as COO effective May 1, 2022; base salary $450K
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- Annual base salary of $450,000; sign-on RSU grant of $100,000.
- Target annual bonus of 100% of base salary; LTI includes RSUs and PSUs each equal to 50% of base salary.
- Severance: 1x base salary (no cause/good reason); 2x base salary on change-in-control termination.
- Lin will transition to non-independent board member on May 1, 2022, and resign when new independent director appointed.
- Relocation to Las Vegas required within 12 months; eligible for housing and moving expense reimbursement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680873/000168087322000021/0001680873-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680873/000168087322000021/hffg-20220415.htm
  HTML page:      https://secwatch.observer/filing/0001680873-22-000021

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