---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-004078"
form_type: "8-K"
ticker: null
cik: "0001893311"
company_name: "LUXURBAN HOTELS INC."
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:08:57.599942+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LuxUrban Hotels names Robert Arigo CEO effective June 10, succeeding Shanoop Kothari

## Summary
- Robert Arigo appointed CEO effective June 10, 2024; Shanoop Kothari terminated without cause.
- Arigo's three-year agreement: $450k base salary, up to $100k bonus, 500k restricted shares per year.
- Board grants 1M restricted shares to Chairman Blutinger; vesting partly immediate upon amendments, remainder after $12M capital raise.
- Company issues ~2.47M shares to officers for accrued salaries and 5.69M shares to Brian Ferdinand for waiving $1.8M consulting fees.

## SEC filing metadata
- accession: 0001829126-24-004078
- form_type: 8-K
- cik: 0001893311
- company_name: LUXURBAN HOTELS INC.
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1893311/000182912624004078/0001829126-24-004078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1893311/000182912624004078/luxurban_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-004078
- JSON: https://secwatch.observer/filing/0001829126-24-004078.json
- Plain text: https://secwatch.observer/filing/0001829126-24-004078.txt

## Key facts
- Executive change
  Robert Arigo was appointed as Chief Executive Officer at LUXURBAN HOTELS INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Effective June 10, 2024, Robert Arigo became our Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624004078/0001829126-24-004078-index.htm
- Executive change
  Shanoop Kothari was terminated as Chief Executive Officer at LUXURBAN HOTELS INC..
  - Action: terminated
  - Role: Chief Executive Officer
  source text: Mr. Kothari’s employment being terminated by the Company without cause and principally based on the Company’s desire to bring significant hotel operations and field experience to the role of Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624004078/0001829126-24-004078-index.htm

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