{"schema_version":"secwatch.filing_event.v1","accession":"0001163370-23-000003","form_type":"8-K","ticker":"NRIM","cik":"0001163370","company_name":"NORTHRIM BANCORP INC","filed_at":"2023-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.005347+00:00","generated_at":"2026-06-20T20:44:12.282533+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Northrim BanCorp enters new employment agreements with five executives; raises base salaries","bullets":["CEO Schierhorn base salary increased to $483,866; Ballard to $307,308; Huston to $332,872; Craig to $259,914.","Baldwin enters employment agreement with $300K base salary plus monthly bonus of 2% of cumulative net earnings of RMHC.","Agreements effective Jan 1, 2023; terms automatically renew annually unless notice given 90 days prior.","Change-in-control severance: 2x highest base salary + 2x avg profit share (Schierhorn); 1x base for others with COBRA coverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001163370-23-000003","json":"https://secwatch.observer/filing/0001163370-23-000003.json","markdown":"https://secwatch.observer/filing/0001163370-23-000003.md","text":"https://secwatch.observer/filing/0001163370-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163370/000116337023000003/0001163370-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163370/000116337023000003/nrim-20230101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:44:12.282533+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"}