{"schema_version":"secwatch.filing_event.v1","accession":"0000895345-25-000218","form_type":"8-K","ticker":"SRG","cik":"0001628063","company_name":"Seritage Growth Properties","filed_at":"2025-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.517683+00:00","generated_at":"2026-05-18T10:00:55.442516+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Seritage appoints Adam Metz as non-interim CEO; $1.1M salary, $1.225M target bonus","bullets":["Adam Metz appointed as CEO on non-interim basis effective July 1, 2025; continues as Board Chairman; M. Sabshon remains Lead Independent Trustee.","Employment agreement: $1.1M base salary, $1.225M target bonus (50-150% payout range), one-year term ending June 30, 2026, no severance.","Replaces interim CEO letter agreement from April 2025; term ends June 30, 2026 unless extended by mutual agreement by April 1, 2026.","Mr. Metz previously served as CEO of General Growth Properties and Managing Director at Carlyle Group; also holds board seats at Hammerson plc and Morgan Stanley Direct Lending Fund."],"urls":{"canonical":"https://secwatch.observer/filing/0000895345-25-000218","json":"https://secwatch.observer/filing/0000895345-25-000218.json","markdown":"https://secwatch.observer/filing/0000895345-25-000218.md","text":"https://secwatch.observer/filing/0000895345-25-000218.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628063/000089534525000218/0000895345-25-000218-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628063/000089534525000218/ff5020275_8k-seritage.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T10:00:55.442516+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"}