{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-102062","form_type":"8-K","ticker":"BW","cik":"0001630805","company_name":"Babcock & Wilcox Enterprises, Inc.","filed_at":"2024-09-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.872419+00:00","generated_at":"2026-05-31T02:27:08.450522+00:00","sec_items":["1.02","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"CEO Kenny Young exits B. Riley consulting; new direct pact pays $800k/yr + $800k signing bonus","bullets":["BRPI Consulting Agreement with B. Riley affiliate terminated effective Sept 20, 2024; Young remains CEO and Chairman.","Entered Independent Contractor Agreement with OpenSky LLC (Young's wholly-owned entity) through Dec 31, 2028.","Annual consulting fee of $800,000 paid monthly; signing bonus of $800,000 with pro-rata clawback if terminated for cause or voluntary within 3 years.","If company terminates without cause, must continue paying consulting fee for remainder of original term through 2028.","Young receives D&O indemnification and coverage under company's liability insurance for 6 years post-termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-102062","json":"https://secwatch.observer/filing/0001104659-24-102062.json","markdown":"https://secwatch.observer/filing/0001104659-24-102062.md","text":"https://secwatch.observer/filing/0001104659-24-102062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630805/000110465924102062/0001104659-24-102062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630805/000110465924102062/tm2424518d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T02:27:08.450522+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"}