{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-004113","form_type":"8-K","ticker":"CRD-A","cik":"0000025475","company_name":"CRAWFORD & CO","filed_at":"2026-01-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.300942+00:00","generated_at":"2026-05-16T10:14:04.702221+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Crawford & Company promotes Michael J. Hoberman to CEO – US Operations; new employment agreement","bullets":["Michael J. Hoberman promoted to CEO – US Operations, effective Jan 1, 2026, reporting to interim CEO Bruce Swain.","New agreement: base salary $475,000; STIP target 57.5% of base; LTIP target $550,000 for 2026.","Sales incentive: 0.5% of quarterly billed US service fees for first 24 months per new sale.","At-will employment; severance of 12 months base salary if terminated without cause, subject to severance agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-004113","json":"https://secwatch.observer/filing/0001104659-26-004113.json","markdown":"https://secwatch.observer/filing/0001104659-26-004113.md","text":"https://secwatch.observer/filing/0001104659-26-004113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25475/000110465926004113/0001104659-26-004113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25475/000110465926004113/tm263247d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:14:04.702221+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"}