{"schema_version":"secwatch.filing_event.v1","accession":"0001019056-22-000518","form_type":"8-K","ticker":"MODD","cik":"0001074871","company_name":"Modular Medical, Inc.","filed_at":"2022-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.891691+00:00","generated_at":"2026-06-24T08:33:34.546703+00:00","sec_items":["3.02","5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Modular Medical appoints Kevin Schmid as COO; $250K salary, 175K share option","bullets":["Kevin Schmid appointed COO on July 21, 2022, effective immediately.","Annual salary $250,000 with discretionary target bonus up to 50% of base salary.","Granted option for 175,000 shares vesting over 3 years; 1/3 at one year, then monthly.","Severance: six months salary if terminated without cause. Previously VP at Insulet, CEO at Common Sensing."],"urls":{"canonical":"https://secwatch.observer/filing/0001019056-22-000518","json":"https://secwatch.observer/filing/0001019056-22-000518.json","markdown":"https://secwatch.observer/filing/0001019056-22-000518.md","text":"https://secwatch.observer/filing/0001019056-22-000518.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074871/000101905622000518/0001019056-22-000518-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074871/000101905622000518/modular_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T08:33:34.546703+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":"fd7dfa1e51","claim":"Kevin Schmid was appointed as Chief Operating Officer at Modular Medical, Inc..","evidence_excerpt":"On July 21, 2022, the Board of Directors (the “Board”) of Modular Medical, Inc. (the “Company”) appointed Kevin Schmid as Chief Operating Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000101905622000518/0001019056-22-000518-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}