374Water Inc. 8-K
Research Summary
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374Water Inc. Appoints Interim CFO after CFO Departure
What Happened
374Water Inc. (SCWO) announced in an 8-K that Adrienne Anderson was appointed Interim Chief Financial Officer and designated principal financial officer and principal accounting officer, effective March 2, 2026. Her appointment follows the termination of the Company’s prior CFO, Russell Kline, as part of a company restructuring, with the terms of his separation still being finalized.
Key Details
- Adrienne Anderson, age 47, previously served as the Company’s CFO from Jan 8, 2024 to Dec 16, 2024 and was a financial reporting consultant to the Company from Dec 16, 2024 until her appointment on Mar 2, 2026.
- Ms. Anderson is a certified public accountant (licensed in Florida and Illinois) with extensive PCAOB audit experience and prior roles including audit partner at D. Brooks & Associates and partner at WithumSmith + Brown.
- The Company agreed to pay Ms. Anderson a base salary of $216,000 per year; the Board also intends to consider an equity grant under the 2021 Equity Incentive Plan (terms to be announced).
- There are no family relationships or related-party transactions involving Ms. Anderson that require disclosure under Item 404(a) of Regulation S-K.
Why It Matters
This filing notifies investors of a leadership change in the Company’s finance function: Adrienne Anderson is now the principal officer responsible for financial reporting and accounting. Her PCAOB audit and SEC reporting experience may support continuity in financial controls and reporting, while the company finalizes separation terms for the prior CFO and evaluates an equity grant for the interim CFO. Investors should note the change in finance leadership and the disclosed $216,000 base salary and watch for any future announcements about separation terms or equity awards that may affect corporate expenses or equity.
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