---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-23-000019"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:40:52.358032+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Latch CFO Barry Schaeffer resigns; gets $403,200 severance plus consulting

## Summary
- Resignation as Interim CFO and Treasurer effective January 11, 2023.
- Separation Agreement provides $403,200 severance, paid semi-monthly over up to 18 months.
- Three-month consulting agreement for transition services beginning January 27, 2023.
- Executive releases all claims except vested equity, benefits, and indemnification; equity vesting ceases at separation.

## SEC filing metadata
- accession: 0001826000-23-000019
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600023000019/0001826000-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600023000019/lat-20230127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-23-000019
- JSON: https://secwatch.observer/filing/0001826000-23-000019.json
- Plain text: https://secwatch.observer/filing/0001826000-23-000019.txt

## Key facts
- Executive change
  Barry Schaeffer resigned as Interim Chief Financial Officer and Treasurer at Latch, Inc..
  - Action: resigned
  - Role: Interim Chief Financial Officer and Treasurer
  source text: Barry Schaeffer, Interim Chief Financial Officer (“CFO”) and Treasurer of Latch, Inc. (collectively with its subsidiaries, the “Company”), resigned as the Company’s Interim CFO and Treasurer, effective as of January 11, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600023000019/0001826000-23-000019-index.htm

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