ONE Group Hospitality Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 7, 2024
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Item 5. Other Information
(a) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 1, 2024, Emanuel Hilario, President and Chief Executive Officer of the Company, and Tyler Loy, Chief Financial Officer of the Company, were awarded cash bonuses by the Company’s Board of Directors in recognition of their efforts with respect to the Acquisition and the related financing transactions. Mr. Hilario received a bonus of $350,000 and Mr. Loy received a bonus of $200,000.
(c) Adoption or Termination of 10b5-1 Trading Plans
During the first quarter ended March 31, 2024, no director or officer adopted, modified, orterminated any Rule 10b5-1 trading arrangement ornon-Rule 10b5-1 trading arrangement, as such terms are defined in Item 408(a) of Regulation S-K.
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