{"schema_version":"secwatch.filing_event.v1","accession":"0001062993-26-003695","form_type":"8-K","ticker":"DSNY","cik":"0001099369","company_name":"DESTINY MEDIA TECHNOLOGIES INC","filed_at":"2026-07-16T21:23:57+00:00","discovered_at":"2026-07-16T21:26:00.257401+00:00","generated_at":"2026-07-16T21:26:06.331953+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Destiny Media appoints Sharath Cherian as CEO; Hoch Cho remains Chairman","bullets":["Sharath Cherian appointed CEO and President effective July 15, 2026; Hoch Cho steps down as interim CEO, stays Chairman.","Cherian founded HipHopDX, sold to Warner Music Group; served as strategic consultant to Destiny since Feb 2025.","Employment terms: $240,000 base salary, target bonus 40% of base (40% cash, 60% equity), initial option grant of 482,000 shares.","Options granted at exercise prices $0.623, $0.70, and $0.80 per share under Long Term Incentive Plan.","Severance: six months base salary plus prorated bonus; enhanced on change in control."],"urls":{"canonical":"https://secwatch.observer/filing/0001062993-26-003695","json":"https://secwatch.observer/filing/0001062993-26-003695.json","markdown":"https://secwatch.observer/filing/0001062993-26-003695.md","text":"https://secwatch.observer/filing/0001062993-26-003695.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/0001062993-26-003695-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-16T21:26:06.331953+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":"8522f5375f","claim":"Sharath Cherian was appointed as Chief Executive Officer and President at DESTINY MEDIA TECHNOLOGIES INC.","evidence_excerpt":"Effective July 15, 2026, the Board of Directors of Destiny Media Technologies Inc. (the \"Company\") appointed Sharath Cherian as the Company's Chief Executive Officer and President.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/0001062993-26-003695-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"},{"claim_id":"aa9155c68c","claim":"Hyonmyong (\"Hoch\") Cho changed role as Interim Chief Executive Officer at DESTINY MEDIA TECHNOLOGIES INC.","evidence_excerpt":"Also effective July 15, 2026, Hyonmyong (\"Hoch\") Cho ceased serving as the Company's Interim Chief Executive Officer and will continue to serve as Chairman of the Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1099369/000106299326003695/0001062993-26-003695-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased serving"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}