{"schema_version":"secwatch.filing_event.v1","accession":"0001163609-23-000002","form_type":"8-K","ticker":"SDSYA","cik":"0001163609","company_name":"SOUTH DAKOTA SOYBEAN PROCESSORS LLC","filed_at":"2023-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.007393+00:00","generated_at":"2026-06-20T20:10:12.974897+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"CEO Thomas J. Kersting signs new 5-year employment agreement with $400k base salary and profit sharing","bullets":["New employment agreement effective Jan 1, 2023 through Dec 31, 2027.","Base salary fixed at $400,000 per year, with no increases unless material change in duties.","Annual profit sharing bonus equals 0.7% of net income over $2 million.","Without-cause termination entitles CEO to base salary for greater of remaining term or 52 weeks.","Non-compete applies during term plus two years; non-solicit during term plus one year."],"urls":{"canonical":"https://secwatch.observer/filing/0001163609-23-000002","json":"https://secwatch.observer/filing/0001163609-23-000002.json","markdown":"https://secwatch.observer/filing/0001163609-23-000002.md","text":"https://secwatch.observer/filing/0001163609-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000002/0001163609-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000002/sdsp-20230101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:10:12.974897+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"}