secwatch.observer — SEC 8-K summary
======================================

Issuer:     Expion360 Inc. (XPON)
CIK:        0001894954
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001903596-23-000096
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expion360 replaces CEO John Yozamp with CFO Brian Schaffner; multiple C-suite changes
--------------------------------------------------------------------------------

- John Yozamp transitions from CEO to Co-Founder and Chief Business Development Officer; base salary cut from $330K to $283.2K.
- Brian Schaffner promoted from CFO to CEO; base salary jumps from $120K to $270.4K.
- Paul Shoun promoted to Co-Founder, President and COO; base salary increased from $260K to $270.4K.
- Greg Aydelott promoted from Chief Accounting Officer to CFO; base salary rises from $108K to $180K.
- David Hendrickson elected as new Chairman of the Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1894954/000190359623000096/0001903596-23-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1894954/000190359623000096/xpon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-23-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer