{"schema_version":"secwatch.filing_event.v1","accession":"0000895345-24-000002","form_type":"8-K","ticker":"SRG","cik":"0001628063","company_name":"Seritage Growth Properties","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.861169+00:00","generated_at":"2026-06-07T04:41:47.527975+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Seritage amends CEO Olshan's employment agreement with 5% annual raises, cash awards, increased severance","bullets":["Salary and target bonus auto-increase 5% annually from March 16, 2024; no performance metrics on bonus.","Future equity grants replaced by $2M annual cash awards with vesting: 1/3 on grant, 1/3 Dec 31 grant year, 1/3 next Dec 31.","Severance on termination without cause or for good reason pre-Change-in-Control raised to 2.5x base salary plus target bonus (from 2x).","Cash award from March 15, 2023 vests in three tranches: March 2024, Dec 2024, Dec 2025.","Unvested cash awards accelerate on certain terminations or non-assumption in Change in Control."],"urls":{"canonical":"https://secwatch.observer/filing/0000895345-24-000002","json":"https://secwatch.observer/filing/0000895345-24-000002.json","markdown":"https://secwatch.observer/filing/0000895345-24-000002.md","text":"https://secwatch.observer/filing/0000895345-24-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628063/000089534524000002/0000895345-24-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628063/000089534524000002/ff2871056_8k-seritage.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:41:47.527975+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}