{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-108345","form_type":"8-K","ticker":"PRAX","cik":"0001689548","company_name":"Praxis Precision Medicines, Inc.","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.235345+00:00","generated_at":"2026-05-30T14:37:54.112581+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Praxis Precision amends exec severance; CEO multiplier 1.75x, CFO/GC 1x","bullets":["CEO Marcio Souza gets 1.75x base salary plus target bonus, plus prorated bonus, on change-in-control qualifying termination.","CFO Timothy Kelly and GC Alex Nemiroff get 1.0x base salary plus target bonus, plus prorated bonus, on change-in-control termination.","Outside change-in-control, CEO gets 12 months base salary continuation; CFO and GC get 9 months.","Amendments add unpaid prior year bonus and pro-rata annual bonus for executives on qualifying termination.","Accelerated vesting of time-based equity awards upon change-in-control termination; performance awards per existing plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-108345","json":"https://secwatch.observer/filing/0001104659-24-108345.json","markdown":"https://secwatch.observer/filing/0001104659-24-108345.md","text":"https://secwatch.observer/filing/0001104659-24-108345.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1689548/000110465924108345/0001104659-24-108345-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1689548/000110465924108345/tm2426107d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T14:37:54.112581+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"}