---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-001329"
form_type: "8-K"
ticker: null
cik: "0001893311"
company_name: "LUXURBAN HOTELS INC."
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T04:14:07.295553+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LuxUrban restructures board and appoints COO, CFO after director exits

## Summary
- David Berg resigned voluntarily from board on Feb 28; Don Engle passed away on Mar 1.
- Robert Arigo appointed COO; base salary $375K, $100K signing bonus, 250K restricted shares.
- Shanoop Kothari becomes sole CEO and acting CFO; base salary reduced to $600K from prior.
- Brian Ferdinand transitions to Executive Chairman by June 1; salary reduced by $375K.
- Jimmie Chatmon named Director of Revenue Management; Brandon Elster named Chief Development Officer.

## SEC filing metadata
- accession: 0001829126-24-001329
- form_type: 8-K
- cik: 0001893311
- company_name: LUXURBAN HOTELS INC.
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/luxurban_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-001329
- JSON: https://secwatch.observer/filing/0001829126-24-001329.json
- Plain text: https://secwatch.observer/filing/0001829126-24-001329.txt

## Key facts
- Executive change
  Robert Arigo was appointed as Chief Operating Officer at LUXURBAN HOTELS INC..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: we have appointed Robert Arigo as our Chief Operating Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm
- Executive change
  Jimmie Chatmon was appointed as Director of Revenue Management at LUXURBAN HOTELS INC..
  - Action: appointed
  - Role: Director of Revenue Management
  source text: Jimmie Chatmon as our Director of Revenue Management
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm
- Executive change
  Brian Ferdinand changed role as Executive Chairman at LUXURBAN HOTELS INC..
  - Action: transitioned
  - Role: Executive Chairman
  source text: Brian Ferdinand, will transition during the period starting March 1, 2024 and ending on May 31, 2024 from the dual offices of Chairman of the Board and Chief Executive Officer to the sole role of Executive Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm
- Executive change
  David Berg resigned as Director at LUXURBAN HOTELS INC..
  - Action: resigned
  - Role: Director
  source text: we have accepted the voluntary resignation of David Berg as a director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm
- Executive change
  Don Engle departed as Director at LUXURBAN HOTELS INC..
  - Action: passed away
  - Role: Director
  source text: In light of the passing of Don Engle, a member of our board of directors, as described herein
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm
- Executive change
  Brandon Elster was appointed as Chief Development Officer at LUXURBAN HOTELS INC..
  - Action: appointed
  - Role: Chief Development Officer
  source text: Brandon Elster as our Chief Development Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm
- Executive change
  Shanoop Kothari changed role as Chief Executive Officer and acting Chief Financial Officer at LUXURBAN HOTELS INC..
  - Action: became
  - Role: Chief Executive Officer and acting Chief Financial Officer
  source text: Shanoop Kothari, will become sole Chief Executive Officer and acting Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624001329/0001829126-24-001329-index.htm

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