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

Issuer:     PRECISION OPTICS CORPORATION, INC. (POCI)
CIK:        0000867840
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001683168-25-007400
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Precision Optics appoints Joseph Traut as COO; Mahesh Lawande to depart Oct 31
------------------------------------------------------------------------------

- Mahesh Lawande's employment ends Oct 31, 2025; serves as Advisor to President for October; severance extended to 7 months (~$160,417).
- Joseph Traut appointed COO effective Oct 1, 2025; base salary $275,000; annual bonus up to 25%; inducement stock option for 60,000 shares.
- Option vests in 3 equal annual installments; exercise price = closing price on Oct 1, 2025.
- Traut's prior roles: VP Ops at T2 Biosystems, VP Tech Transfer at Lumira Dx, VP Mfg at Ximedica; MBA from Bentley.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/867840/000168316825007400/0001683168-25-007400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/867840/000168316825007400/poci_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007400

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