{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-099324","form_type":"8-K","ticker":"ISSC","cik":"0000836690","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2024-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.021878+00:00","generated_at":"2026-05-31T05:22:04.448168+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ISSC amends CEO severance: 12 months base pay or 2x salary plus bonus on change of control","bullets":["CEO Shahram Askarpour gets 12 months base salary + COBRA if terminated without cause or for good reason outside a change of control.","On a change of control (6 months before to 2 years after), severance rises to 2x (base salary + max bonus), immediate equity vesting, extended option exercise, and 18 months health coverage.","Good reason definition includes material reduction in title/duties, pay cut, relocation >25 miles, or successor not assuming obligations.","Amendment applies a 30-day notice and cure period before resignation for good reason is effective.","Non-compete valuation may reduce excise tax risk under Code Sections 280G and 4999."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-099324","json":"https://secwatch.observer/filing/0001104659-24-099324.json","markdown":"https://secwatch.observer/filing/0001104659-24-099324.md","text":"https://secwatch.observer/filing/0001104659-24-099324.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/836690/000110465924099324/0001104659-24-099324-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/836690/000110465924099324/tm2423912d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:22:04.448168+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}