{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-023511","form_type":"8-K","ticker":"STRT","cik":"0000933034","company_name":"STRATTEC SECURITY CORP","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.918667+00:00","generated_at":"2026-06-15T15:26:51.497749+00:00","sec_items":["1.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Strattec enters employment and change-in-control agreements with CFO Dennis Bowe","bullets":["Employment agreement with CFO Dennis Bowe effective Sept 9, 2022; base salary $310,000/yr.","Term auto-renews each June 30 unless 30-day nonrenewal notice given by either party.","Severance on termination without cause: base salary for longer of 6 months or 1 month per year of service (max 12 months).","Change-in-control agreement: on qualifying termination after change of control, lump sum of 2x salary plus highest bonus in prior 10 years.","Non-compete during employment and for up to 1 year after termination; confidentiality until 2 years after termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-023511","json":"https://secwatch.observer/filing/0001140361-23-023511.json","markdown":"https://secwatch.observer/filing/0001140361-23-023511.md","text":"https://secwatch.observer/filing/0001140361-23-023511.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933034/000114036123023511/0001140361-23-023511-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933034/000114036123023511/brhc20052622_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T15:26:51.497749+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"}