{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-009889","form_type":"8-K/A","ticker":"FLG","cik":"0000910073","company_name":"FLAGSTAR BANK, NATIONAL ASSOCIATION","filed_at":"2025-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.763531+00:00","generated_at":"2026-05-24T09:34:03.679309+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Flagstar finalizes CEO Otting employment agreement: $1.25M salary, $2.25M target bonus through 2027","bullets":["Employment agreement executed March 19, 2025, term through March 31, 2027 unless renewed.","Base salary $1.25M per year; eligible for annual cash bonus with target $2.25M, max $4.5M.","Relocation costs to NYC area covered; eligible for benefit plans as senior executive.","Severance: lump sum equal to base salary and target bonus from termination to third anniversary of effective date.","Post-employment restrictions: 12-month non-compete and non-solicitation, perpetual confidentiality, mutual non-disparagement."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-009889","json":"https://secwatch.observer/filing/0001140361-25-009889.json","markdown":"https://secwatch.observer/filing/0001140361-25-009889.md","text":"https://secwatch.observer/filing/0001140361-25-009889.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/910073/000114036125009889/0001140361-25-009889-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/910073/000114036125009889/ef20045987_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T09:34:03.679309+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"}