{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-068621","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.889139+00:00","generated_at":"2026-05-22T00:22:40.679965+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Scilex adjusts non-employee director equity grants post 1-for-35 reverse stock split","bullets":["Initial option grant reduced from 250,000 to 7,142 shares per new director.","Annual option grant for continuing directors reduced from 100,000 to 2,857 shares.","Cash compensation unchanged: Board $82,500, committee chairs $37,500, other members $15,000.","Policy effective retroactively to April 15, 2025.","Share numbers subject to adjustment for future splits, dividends, etc."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-068621","json":"https://secwatch.observer/filing/0000950170-25-068621.json","markdown":"https://secwatch.observer/filing/0000950170-25-068621.md","text":"https://secwatch.observer/filing/0000950170-25-068621.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000095017025068621/0000950170-25-068621-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000095017025068621/sclx-20250509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T00:22:40.679965+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"}