{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-064595","form_type":"8-K","ticker":"IRIX","cik":"0001006045","company_name":"IRIDEX CORP","filed_at":"2024-05-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.841751+00:00","generated_at":"2026-06-01T08:30:38.709168+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IRIDEX appoints Patrick Mercer as President; CEO focuses on strategic alternatives","bullets":["Patrick Mercer appointed President, effective May 22, 2024; remains COO with expanded operational focus.","CEO David Bruce will concentrate on pursuing strategic alternatives for the company.","Mercer's base salary increased to $360,000; granted 120,000 RSUs vesting one-third annually over three years.","RSU award subject to continued employment and IRIDEX's 2008 Equity Incentive Plan."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-064595","json":"https://secwatch.observer/filing/0000950170-24-064595.json","markdown":"https://secwatch.observer/filing/0000950170-24-064595.md","text":"https://secwatch.observer/filing/0000950170-24-064595.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006045/000095017024064595/0000950170-24-064595-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006045/000095017024064595/irix-20240522.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T08:30:38.709168+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":[{"claim_id":"7eb608e1e8","claim":"Patrick Mercer was appointed as President at IRIDEX CORP.","evidence_excerpt":"On May 22, 2024, the board of directors (the “Board”) of IRIDEX Corporation(the “Company”) appointed Patrick Mercer as its President, effective as of such date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1006045/000095017024064595/0000950170-24-064595-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}