secwatch.observer — SEC 8-K summary
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Issuer:     Nikola Corp (—)
CIK:        0001731289
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001731289-24-000076
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nikola appoints Thomas B. Okray as CFO; salary $695K, 300K RSUs + 600K PSUs
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- Thomas B. Okray named CFO, effective March 4, 2024; previously CFO at Eaton Corporation.
- Annual base salary of $695,000; eligible for 300,000 RSUs and 600,000 performance stock units.
- Severance includes $1.39M lump sum, 18 months COBRA, and accelerated equity vesting.
- One-time taxable relocation bonus of $20,000 plus relocation expense reimbursement.
- Okray brings prior CFO experience from Eaton, W.W. Grainger, Advance Auto Parts, and Amazon.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1731289/000173128924000076/0001731289-24-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1731289/000173128924000076/nkla-20240303.htm
  HTML page:      https://secwatch.observer/filing/0001731289-24-000076

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