ClearOne, Inc. - Form 8-K Filing

This filing details a transition in leadership at ClearOne, Inc. as of April 1, 2026. Derek L. Graham, the former CEO, will continue to serve the company on a transitional basis. He will provide consulting services for up to ten hours per week at a rate of $160 per hour, while still performing all CEO functions. This arrangement follows the expiration of his previous employment agreement. The agreement has no fixed term and can be terminated by either party at any time. Mr. Graham will operate as an independent contractor, responsible for his own taxes and expenses. His duties include maintaining public-company compliance, managing legacy product obligations, assisting with accounts receivable and liabilities, closing foreign operations, and preparing financial statements. The company has also filed exhibits including the Letter Agreement and the cover page in XBRL format.