---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-023463"
form_type: "8-K"
ticker: "CNVS"
cik: "0001173204"
company_name: "Cineverse Corp."
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T17:59:47.531594+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cineverse enters new employment agreements with three top executives through 2025

## Summary
- Opeka (CSO & President): $475k base, $356k target bonus, 300k PSUs, 1.5M SARs at $0.29.
- Huidor (COO & CTO): $375k base, $225k target bonus, 200k PSUs, 1M SARs at $0.29.
- Loffredo (CLO & Secretary): $460k base, $322k target bonus, 160k PSUs, 800k SARs at $0.29.
- All agreements term through April 30, 2025, with auto-renewal and severance up to 2x base+target on change in control.
- SARs vest over 3 years; immediate vesting on change in control or termination without cause.

## SEC filing metadata
- accession: 0000950170-23-023463
- form_type: 8-K
- ticker: CNVS
- cik: 0001173204
- company_name: Cineverse Corp.
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173204/000095017023023463/0000950170-23-023463-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173204/000095017023023463/cidm-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-023463
- JSON: https://secwatch.observer/filing/0000950170-23-023463.json
- Plain text: https://secwatch.observer/filing/0000950170-23-023463.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.