{"schema_version":"secwatch.filing_event.v1","accession":"0001161697-24-000365","form_type":"8-K","ticker":"KRMD","cik":"0000704440","company_name":"KORU Medical Systems, Inc.","filed_at":"2024-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.639845+00:00","generated_at":"2026-05-31T08:21:02.073424+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"KORU Medical Systems adopts LTIP; grants up to 434,489 PSUs plus RSUs and options to execs","bullets":["LTIP approved; equity awards granted to CEO Tharby (63,872 RSUs, 127,660 PSUs, 140,950 options) and other named execs.","PSUs vest based on FY2026 revenue achievement (0%-150% of target) with stock price modifier (0.5x-1.5x); max shares 434,489.","RSUs and options vest over 4 years; option exercise price $2.33 per share.","Kenneth Miller (CCO) gets base salary increase to $385,000 and bonus potential up to 60% of base."],"urls":{"canonical":"https://secwatch.observer/filing/0001161697-24-000365","json":"https://secwatch.observer/filing/0001161697-24-000365.json","markdown":"https://secwatch.observer/filing/0001161697-24-000365.md","text":"https://secwatch.observer/filing/0001161697-24-000365.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/704440/000116169724000365/0001161697-24-000365-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/704440/000116169724000365/form_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:21:02.073424+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"}