{"schema_version":"secwatch.filing_event.v1","accession":"0001019056-21-000626","form_type":"8-K","ticker":"MODD","cik":"0001074871","company_name":"Modular Medical, Inc.","filed_at":"2021-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.382929+00:00","generated_at":"2026-06-28T03:44:20.191322+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Modular Medical appoints Steven Felsher and Philip Sheibley to Board of Directors","bullets":["Effective November 29, 2021, appointed Steven Felsher and Philip Sheibley as independent directors.","Each director received an initial option to purchase 50,000 shares, vesting ratably over three years.","Annual compensation: $30,000 retainer plus $100,000 equity award, payable quarterly in cash or stock.","Felsher brings finance and governance experience; Sheibley brings life sciences and venture capital expertise.","No family relationships or related party transactions exceeding $120,000 involving the appointees."],"urls":{"canonical":"https://secwatch.observer/filing/0001019056-21-000626","json":"https://secwatch.observer/filing/0001019056-21-000626.json","markdown":"https://secwatch.observer/filing/0001019056-21-000626.md","text":"https://secwatch.observer/filing/0001019056-21-000626.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074871/000101905621000626/0001019056-21-000626-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074871/000101905621000626/modular_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T03:44:20.191322+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":"dcc02b2910","claim":"Philip Sheibley was appointed as Director at Modular Medical, Inc..","evidence_excerpt":"Effective November 29, 2021, the board of directors (the “Board”) of Modular Medical, Inc. (the “Company”) appointed Steven Felsher and Philip Sheibley as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000101905621000626/0001019056-21-000626-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"fd1592a309","claim":"Steven Felsher was appointed as Director at Modular Medical, Inc..","evidence_excerpt":"Effective November 29, 2021, the board of directors (the “Board”) of Modular Medical, Inc. (the “Company”) appointed Steven Felsher and Philip Sheibley as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000101905621000626/0001019056-21-000626-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}