Fathom Holdings Appoints Joshua Bentley as New CFO

TL;DR

Fathom Holdings names Joshua Bentley as new CFO, base salary $275k.

AI Summary

Fathom Holdings Inc. announced on August 19, 2024, the appointment of Joshua Bentley as Chief Financial Officer, effective immediately. Bentley previously served as the company's Chief Accounting Officer and will receive an annual base salary of $275,000. He will also be eligible for a discretionary annual bonus and equity awards.

Why It Matters

The appointment of a new CFO is a significant leadership change that can impact investor confidence and the company's financial strategy.

Risk Assessment

Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.

Key Numbers

• $275,000 — Annual Base Salary (For the newly appointed CFO, Joshua Bentley.)

Key Players & Entities

• Fathom Holdings Inc. (company) — Registrant
• Joshua Bentley (person) — Appointed Chief Financial Officer
• $275,000 (dollar_amount) — Annual base salary for Joshua Bentley
• August 19, 2024 (date) — Effective date of appointment

FAQ

Filing Documents

• tm2422076d1_8k.htm (8-K) — 36KB
• tm2422076d1_ex10-1.htm (EX-10.1) — 7KB
• 0001104659-24-090898.txt ( ) — 218KB
• fthm-20240819.xsd (EX-101.SCH) — 3KB
• fthm-20240819_lab.xml (EX-101.LAB) — 33KB
• fthm-20240819_pre.xml (EX-101.PRE) — 22KB
• tm2422076d1_8k_htm.xml (XML) — 4KB

02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) At the 2024 Annual Meeting of Shareholders (the "Annual Meeting") of Fathom Holdings Inc. (the "Company") shareholders approved an amendment to the 2019 Omnibus Stock Incentive Plan (the "2019 Plan"). The amendment increases the share reserve of the 2019 Plan by 1,600,000 shares from 5,760,778 shares to 7,360,778 shares. The Company's board of directors approved the amendment to the 2019 Plan on June 28, 2024, subject to shareholder approval. You can find a summary of the principal features of the 2019 Plan in the proxy statement for the Annual Meeting, filed with the Securities and Exchange Commission on July 10, 2024 (the "Proxy Statement"), under the heading "Proposal Two – Approval of an Amendment to the 2019 Omnibus Stock Incentive Plan to Increase the Share Reserve by One Million Six Hundred Thousand Shares of Common Stock". The summary of the amendment to the 2019 Plan contained in the Proxy Statement is qualified in its entirety by the full amendment to the 2019 Plan, filed as Exhibit 10.1 to this Current Report on Form 8-K.

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. The Annual Meeting was held on August 19, 2024. The following proposals were voted upon and the final voting results with respect to each such proposal are set forth below. At the Annual Meeting, shareholders elected the following six members to serve on our board of directors, each for a one-year term expiring at the annual shareholder meeting to be held in 2025 or until his or her successor has been duly elected and qualified. The vote for each director's election was as follows: Nominee For Withheld Marco Fregenal 12,260,880 18,485 Scott Flanders 12,145,827 133,538 Ravila Gupta 10,999,000 1,280,365 David Hood 12,272,782 6,583 Stephen Murray 12,175,401 103,964 Jennifer Venable 12,176,793 102,572 Next, at the Annual Meeting, shareholders approved the amendment to the 2019 Plan. The vote was 11,865,118 for, 411,508 shares against, and 2,739 shares abstaining. Finally, at the Annual Meeting, shareholders ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. The vote was 16,746,332 shares for, 4,360 shares against, and 2,566 shares abstaining. Item9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit Description 10.1 Fourth Amendment to the Company's 2019 Omnibus Stock Incentive Plan. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FATHOM HOLDINGS INC. Date: August 19, 2024 /s/ Marco Fregenal Marco Fregenal President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR