{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-081794","form_type":"8-K","ticker":"NSSC","cik":"0000069633","company_name":"NAPCO SECURITY TECHNOLOGIES, INC","filed_at":"2026-07-08T20:21:23+00:00","discovered_at":"2026-07-08T20:22:02.490037+00:00","generated_at":"2026-07-08T20:22:07.104037+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NAPCO CEO Richard Soloway transitions to Executive Chairman; Kevin Buchel becomes CEO","bullets":["Richard Soloway, founder and former CEO, becomes Executive Chairman effective July 8, 2026.","Kevin Buchel, previously President and COO, promoted to CEO and President.","Soloway's new employment: $800k base salary, 50% target bonus, 50% target equity.","Buchel's new employment: $900k base salary, 50% target bonus, 50% target equity.","Both executives receive severance of 2x base salary plus target bonus for qualifying termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-081794","json":"https://secwatch.observer/filing/0001104659-26-081794.json","markdown":"https://secwatch.observer/filing/0001104659-26-081794.md","text":"https://secwatch.observer/filing/0001104659-26-081794.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69633/000110465926081794/0001104659-26-081794-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69633/000110465926081794/nssc-20260708x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-08T20:22:07.104037+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":[{"claim_id":"1b9ea2615e","claim":"Richard Soloway was appointed as Founder and Executive Chairman at NAPCO SECURITY TECHNOLOGIES, INC.","evidence_excerpt":"Mr. Richard Soloway, currently Chairman and Chief Executive Officer, will serve as Founder and Executive Chairman","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000110465926081794/0001104659-26-081794-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Founder and Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"3745b141f5","claim":"Kevin Buchel was appointed as Chief Executive Officer and President at NAPCO SECURITY TECHNOLOGIES, INC.","evidence_excerpt":"Mr. Kevin Buchel, currently President and Chief Operating Officer, will serve as Chief Executive Officer and President","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000110465926081794/0001104659-26-081794-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}