secwatch.observer — SEC 8-K summary
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Issuer:     WM TECHNOLOGY, INC. (MAPS)
CIK:        0001779474
Form:       8-K
Filed at:   2023-10-06T23:59:59+00:00
Accession:  0001779474-23-000072
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM Technology grants CTO $200k retention bonus; CMO Randa McMinn departs
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- CTO Duncan Grazier receives $200K retention bonus advanced Oct 2023, to be earned if employed through July 1, 2024.
- CMO Randa McMinn's last day was Sept 21, 2023; eligible for severance under CIC Plan; departure not due to disagreement.
- Board approved amended non-employee director compensation policy effective Oct 1, 2023, with cash retainers and RSU grants.
- Annual cash retainers for board members: $50K base; chair $60K; lead independent $25K; committee chairs $10K-$20K.
- Equity grants for outside directors: new director grant ~$200K prorated; renewal term grant ~$600K vesting over 3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779474/000177947423000072/0001779474-23-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779474/000177947423000072/maps-20231002.htm
  HTML page:      https://secwatch.observer/filing/0001779474-23-000072

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