secwatch.observer — SEC 8-K summary
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Issuer:     Origin Materials, Inc. (ORGN)
CIK:        0001802457
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001802457-23-000069
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Materials CFO Nate Whaley to depart Sept 1; advisory role through year-end
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- CFO Nate Whaley will step down effective September 1, 2023, and serve as advisor through December 31, 2023.
- Company has initiated a formal search for a new CFO; Whaley will assist with transition and onboarding.
- Departure is not due to any disagreement with the company; separation agreement includes continued vesting of equity and COBRA premium payments for up to 2 months.
- During transition, Whaley receives base salary and benefits; post-separation advisory period continues equity vesting.
- Separation agreement includes release of claims, confidentiality, non-competition, and non-disparagement obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802457/000180245723000069/0001802457-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802457/000180245723000069/orgn-20230613.htm
  HTML page:      https://secwatch.observer/filing/0001802457-23-000069

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