secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL SAFETY PRODUCTS, INC. (UUU)
CIK:        0000102109
Form:       8-K
Filed at:   2024-07-11T23:59:59+00:00
Accession:  0001104659-24-079270
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Harvey B. Grossblatt employment extended to July 31, 2025
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- Employment term extended by one year to July 31, 2025.
- Bonus threshold remains at 4% of shareholders' equity as of April 1, 2024.
- No changes to other terms of the original agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102109/000110465924079270/0001104659-24-079270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102109/000110465924079270/tm2419238d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-079270

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