{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-015856","form_type":"8-K","ticker":"FTCI","cik":"0001828161","company_name":"FTC Solar, Inc.","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.938648+00:00","generated_at":"2026-06-17T07:13:54.469468+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FTC Solar cancels half of CEO's performance options, lowers exercise price targets to $10 and $21","bullets":["Cancelled 526,875 shares of $30-target options and 526,875 shares of $60-target options, without consideration.","Remaining options' exercise price set to greater of 30-day VWAP or closing price on April 3, 2023.","Performance milestones reduced: $30 target replaced with $10 target, $60 target replaced with $21 target.","Vesting of amended options contingent on stock hitting new price targets within specified periods.","All other terms of CEO employment agreement unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-015856","json":"https://secwatch.observer/filing/0001140361-23-015856.json","markdown":"https://secwatch.observer/filing/0001140361-23-015856.md","text":"https://secwatch.observer/filing/0001140361-23-015856.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828161/000114036123015856/0001140361-23-015856-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828161/000114036123015856/brhc10050886_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:13:54.469468+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"}