secwatch.observer — SEC 8-K summary
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Issuer:     Beam Global (BEEM)
CIK:        0001398805
Form:       8-K/A
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001683168-24-000572
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beam Global names Mark Myers COO; $250K salary plus 50,000-share option grant
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- Mark Myers appointed COO effective Jan 16, 2024; previously Senior Director at thyssenkrupp Bilstein.
- Annual salary of $250,000; eligible for annual bonus up to 50% of base salary.
- Received option to purchase 50,000 shares at $5.90, vesting monthly over 4 years from Jan 31, 2024.
- COO role is new; company has three manufacturing facilities and hundreds of employees.
- Myers has over 20 years experience in lean manufacturing and scaling operations, including General Atomics and McKinsey.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1398805/000168316824000572/0001683168-24-000572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1398805/000168316824000572/beam_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000572

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