secwatch.observer — SEC 8-K summary
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Issuer:     Forward Industries, Inc. (FWDI)
CIK:        0000038264
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001683168-23-004580
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forward Industries appoints Kathleen Weisberg as CFO effective July 1, 2023
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- Kathleen Weisberg named CFO, Treasurer and Secretary, replacing Anthony Camarda, effective July 1, 2023.
- Three-year employment agreement with annual base salary of $250,000 and eligibility for performance-based bonus.
- Initial six-month probationary period during which either party may terminate on a no-fault basis without severance.
- On termination without cause or for good reason, she receives six months' salary and vested equity subject to release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38264/000168316823004580/0001683168-23-004580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38264/000168316823004580/forward_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-004580

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