{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-24-000819","form_type":"8-K","ticker":"ESP","cik":"0000033533","company_name":"ESPEY MFG & ELECTRONICS CORP","filed_at":"2024-06-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.552363+00:00","generated_at":"2026-06-01T05:24:37.761390+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"dividend","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Espey raises quarterly dividend 14% to $0.20; new CEO employment agreement through 2026","bullets":["Dividend increased 14% to $0.20 per share; payable June 24, 2024 to holders of record June 17, 2024.","New employment agreement with CEO David O'Neil runs through December 31, 2026; base salary $300,296.","Performance bonus capped at 100% of base salary, tied to discretionary, sales/backlog growth, and operating earnings growth.","Severance: 9 months' base pay if terminated without cause; 18 months if terminated after a change of control.","Jennifer Pickering appointed Assistant Corporate Secretary; joined as Chief HR Officer in April 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-24-000819","json":"https://secwatch.observer/filing/0001174947-24-000819.json","markdown":"https://secwatch.observer/filing/0001174947-24-000819.md","text":"https://secwatch.observer/filing/0001174947-24-000819.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/33533/000117494724000819/0001174947-24-000819-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/33533/000117494724000819/form8k-32447_esp.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T05:24:37.761390+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"}