Aterian, Inc. has filed a Current Report on Form 8-K detailing several corporate actions, including the resignation of a director, the appointment of a new member to the board, a cash retention bonus for the CEO, and a notice regarding a contingent value rights (CVR) cash distribution.
On September 23, 2026, the Company received the resignation of Avraham Ben-Tzvi as a member of the Board of Directors and from all committees of the Board, effective September 25, 2026. The resignation was not based on any disagreement with the Company regarding operations, policies, or practices.
Concurrently, the Board appointed William H. Crampton to serve as a member of the Board, the Audit Committee, and the Compensation Committee, effective September 25, 2026. Mr. Crampton, age 63, has served as a CXO of Stealth Company since February 2026 and as Vice President of Business Development of TO Viridi since July 2024. The Company granted him an initial restricted stock award of 301,205 shares of Common Stock under the 2018 Equity Incentive Plan, which will vest over three years.
In a separate compensatory arrangement, the Compensation Committee approved a cash retention bonus of $150,000 to David E. Lazar, the Company’s Chief Executive Officer and Interim Chief Financial Officer. The bonus is payable in two installments of $75,000 each: one on September 30, 2026, and the second within five business days following the filing of the Quarterly Report on Form 10-Q for the quarter ended September 30, 2026.
Additionally, the Company issued a formal notice regarding a cash payment to holders of Contingent Value Rights (CVRs). The notice confirms that a cash payment of approximately $0.9936 per CVR will be distributed on or about October 2, 2026. The CVRs were distributed to eligible holders on August 17, 2026, with a record date of July 8, 2026.
