{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-25-001188","form_type":"8-K","ticker":"ESP","cik":"0000033533","company_name":"ESPEY MFG & ELECTRONICS CORP","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.052928+00:00","generated_at":"2026-05-17T07:24:12.291988+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Espey Mfg. signs new CEO contract with David O'Neil; base $400K, bonus up to $250K","bullets":["Employment agreement effective July 1, 2025 through June 30, 2028, replacing prior June 2024 agreement.","Base salary of $400,000 annually, subject to annual review but no decrease.","Performance-based cash bonus max of $250,000 (unchanged from prior agreement).","Severance: 9 months base salary if terminated without cause or for good reason; 18 months if tied to change of control.","Noncompete for 12 months post-termination; 9 months if without cause, 18 months if change of control."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-25-001188","json":"https://secwatch.observer/filing/0001174947-25-001188.json","markdown":"https://secwatch.observer/filing/0001174947-25-001188.md","text":"https://secwatch.observer/filing/0001174947-25-001188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/33533/000117494725001188/0001174947-25-001188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/33533/000117494725001188/form8k-34672_esp.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:24:12.291988+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"}