---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-26-000620"
form_type: "8-K"
ticker: "CLRO"
cik: "0000840715"
company_name: "CLEARONE INC"
filed_at: "2026-04-03T23:59:59+00:00"
generated_at: "2026-05-15T07:45:18.920890+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ClearOne CEO Derek Graham transitions to part-time consultant at $160/hr after employment agreement expires

## Summary
- Derek Graham continues as CEO but as independent contractor, up to 10 hrs/week at $160/hr.
- Agreement has no fixed term; company or Graham can terminate at any time; Graham must give 2 weeks' notice.
- Graham to oversee transitional ops: SEC compliance, warranty/tech support, AR collection, asset liquidation, closing foreign ops.
- Prior employment agreement expired March 31, 2026; new consulting arrangement effective April 1, 2026.
- Graham will not receive employee benefits; paid via 1099.

## SEC filing metadata
- accession: 0001753926-26-000620
- form_type: 8-K
- ticker: CLRO
- cik: 0000840715
- company_name: CLEARONE INC
- filed_at: 2026-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/840715/000175392626000620/0001753926-26-000620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/840715/000175392626000620/clro-20260403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-26-000620
- JSON: https://secwatch.observer/filing/0001753926-26-000620.json
- Plain text: https://secwatch.observer/filing/0001753926-26-000620.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.