---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-132756"
form_type: "8-K"
ticker: "IEHC"
cik: "0000050292"
company_name: "IEH Corp"
filed_at: "2024-12-31T23:59:59+00:00"
generated_at: "2026-05-28T22:33:38.431355+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# IEH Corp enters employment agreement with CEO David Offerman; base salary $491,745, options grant

## Summary
- Base salary of $491,745 per annum; eligible for annual bonus up to 100% of base salary.
- Grant of 25,000 immediately vested options at $10.75 per share under 2020 Equity Plan.
- Severance of 36 months base salary plus 24 months health benefits if terminated without cause or for good reason.
- Term from Jan 1, 2025 to Dec 31, 2029; includes non-compete and non-solicitation obligations.

## SEC filing metadata
- accession: 0001104659-24-132756
- form_type: 8-K
- ticker: IEHC
- cik: 0000050292
- company_name: IEH Corp
- filed_at: 2024-12-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50292/000110465924132756/0001104659-24-132756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50292/000110465924132756/tm2432343d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-132756
- JSON: https://secwatch.observer/filing/0001104659-24-132756.json
- Plain text: https://secwatch.observer/filing/0001104659-24-132756.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.