---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-096097"
form_type: "8-K"
ticker: "UUU"
cik: "0000102109"
company_name: "UNIVERSAL SAFETY PRODUCTS, INC."
filed_at: "2025-10-02T23:59:59+00:00"
generated_at: "2026-05-17T04:53:11.086867+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CEO Grossblatt signs new employment deal through July 2027; base salary $352K, bonus up to $10M linked to capital raises

## Summary
- New employment agreement effective Oct 1, 2025, runs to July 31, 2027, replacing prior agreement.
- Base salary $352,286 per annum; bonus structure: $2.5M at $100M gross proceeds, $1M per additional $100M, final $500K at $1B.
- On good reason termination, CEO receives 12 months base salary lump sum plus health benefits for 3 years.
- Change of control termination entitles CEO to base salary for balance of term plus 3x last 12 months base salary (capped at 2.99x avg taxable compensation).
- Agreement includes clawback provision and non-compete during term and while receiving compensation.

## SEC filing metadata
- accession: 0001104659-25-096097
- form_type: 8-K
- ticker: UUU
- cik: 0000102109
- company_name: UNIVERSAL SAFETY PRODUCTS, INC.
- filed_at: 2025-10-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102109/000110465925096097/0001104659-25-096097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102109/000110465925096097/tm2527797d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-096097
- JSON: https://secwatch.observer/filing/0001104659-25-096097.json
- Plain text: https://secwatch.observer/filing/0001104659-25-096097.txt

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