secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cineverse Corp. (CNVS)
CIK:        0001173204
Form:       8-K
Filed at:   2025-05-20T23:59:59+00:00
Accession:  0000950170-25-075333
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cineverse enters employment agreement with Antonio Huidor as President of Technology & CPO
--------------------------------------------------------------------------------

- Base salary $430,000; target bonus $301,000 (70% of base) under MAIP.
- Awarded 76,820 RSUs under 2017 Equity Incentive Plan, three-year vest.
- Term May 1, 2025 to April 30, 2027, auto-renew unless 90-day notice.
- Severance: 12 months base salary for without-cause/good-reason; 2x (base+target) on change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173204/000095017025075333/0000950170-25-075333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173204/000095017025075333/cnvs-20250514.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-075333

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer