secwatch.observer — SEC 8-K summary
======================================

Issuer:     INSEEGO CORP. (INSG)
CIK:        0001022652
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001683168-23-006451
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Inseego appoints Steven Gatoff as CFO, replacing Robert Barbieri
----------------------------------------------------------------

- Steven Gatoff appointed CFO effective Sept 14, 2023; succeeds Robert Barbieri who is leaving the company.
- Base salary $350,000; target annual bonus 50% of base salary.
- Inducement stock option for 250,000 shares; vests 1/4 on Sept 14, 2024, then ratably monthly over 36 months.
- Change-in-control severance: 18 months base salary + 12 months target bonus; equity fully vests.
- Non-CIC severance: 6 months base plus pro-rated target bonus based on corporate goals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022652/000168316823006451/0001683168-23-006451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022652/000168316823006451/inseego_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006451

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