---
schema_version: "secwatch.filing_event.v1"
accession: "0001805833-22-000057"
form_type: "8-K"
ticker: "SST"
cik: "0001805833"
company_name: "System1, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:06:48.204876+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# President Paul Filsinger resigns effective Nov 30, 2022; will provide advisory services through April 2023

## Summary
- Paul Filsinger resigns as President of System1, effective Nov 30, 2022.
- Will provide transition and advisory services through at least Apr 30, 2023 under a Transition Agreement.
- Receives monthly compensation of $29,165 through Jan 2023 and lump sum of $320,835 in Feb 2023.
- Continued vesting of outstanding RSUs and F unit awards during term; F units fully vest at end of initial term.
- Entitled to 2022 annual bonus consistent with CFO's target bonus payout percentage.

## SEC filing metadata
- accession: 0001805833-22-000057
- form_type: 8-K
- ticker: SST
- cik: 0001805833
- company_name: System1, Inc.
- filed_at: 2022-11-02T23:59:59+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/1805833/000180583322000057/0001805833-22-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805833/000180583322000057/sst-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805833-22-000057
- JSON: https://secwatch.observer/filing/0001805833-22-000057.json
- Plain text: https://secwatch.observer/filing/0001805833-22-000057.txt

## Key facts
- Executive change
  Paul Filsinger resigned as President at System1, Inc..
  - Action: resigned
  - Role: President
  source text: On November 2, 2022, Paul Filsinger, President of System1, Inc. (the “Company”), notified the Company that he is resigning from his position as the Company’s President effective as of the close of business on November 30, 2022, in order to pursue other opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805833/000180583322000057/0001805833-22-000057-index.htm

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