secwatch.observer — SEC 8-K summary
======================================

Issuer:     JAKKS PACIFIC INC (JAKK)
CIK:        0001009829
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001185185-23-000288
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Stephen Berman's base salary raised to $1.8M effective Jan 1, 2023, with annual increases of at least $25k
--------------------------------------------------------------------------------

- Base salary increased to $1,800,000 per year, effective January 1, 2023.
- Future annual base salary determined by Compensation Committee, but must be at least $25,000 more than prior year.
- This is the eighth amendment to Berman's employment agreement; other terms remain unchanged.
- The amendment was entered into on March 30, 2023, and filed with the SEC on March 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009829/000118518523000288/0001185185-23-000288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009829/000118518523000288/jakkspacif20230330_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-23-000288

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer