{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-002027","form_type":"8-K","ticker":"FWONA","cik":"0001560385","company_name":"Liberty Media Corp","filed_at":"2025-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.992040+00:00","generated_at":"2026-05-28T06:38:55.149890+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Liberty Media names Derek Chang as President & CEO effective Feb 1, 2025; Malone remains Chairman","bullets":["Derek Chang appointed President & CEO, effective Feb 1, 2025; John Malone resigns as CEO, stays Chairman.","Chang receives $2.5M base salary, $150k signing bonus, one-time RSUs of $5M and $15M in FWONK, each vesting Feb 2030.","Eligible for annual $3M FWONK option grants on declining vest schedule (5 years to 1 year); severance provides 12-month salary if terminated without cause.","Chang steps down from Audit and Governance Committees; Gilchrist added to Audit, Bennett to Governance as Chair; Chang joins Executive Committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-002027","json":"https://secwatch.observer/filing/0001104659-25-002027.json","markdown":"https://secwatch.observer/filing/0001104659-25-002027.md","text":"https://secwatch.observer/filing/0001104659-25-002027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560385/000110465925002027/0001104659-25-002027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560385/000110465925002027/tm252278d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T06:38:55.149890+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"}