---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-000289"
form_type: "8-K"
ticker: "JAKK"
cik: "0001009829"
company_name: "JAKKS PACIFIC INC"
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:31:44.079238+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# JAKKS sets 2023 CEO, COO, CFO bonus targets based on EBITDA milestones

## Summary
- CEO Berman salary $1.8M, max bonus 300% ($5.4M) at EBITDA >= $87.6M.
- COO McGrath salary $520,000, max bonus 125% ($650,000) at EBITDA >= $87.6M.
- CFO Kimble salary $562,432, max bonus 200% ($1.12M) at EBITDA >= $87.6M.
- Bonuses start at 25% of salary for EBITDA above $57.6M, scale linearly to max.
- Compensation Committee retains discretion to adjust criteria for extraordinary items.

## SEC filing metadata
- accession: 0001185185-23-000289
- form_type: 8-K
- ticker: JAKK
- cik: 0001009829
- company_name: JAKKS PACIFIC INC
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009829/000118518523000289/0001185185-23-000289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009829/000118518523000289/jakkspacif20230330b_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000289
- JSON: https://secwatch.observer/filing/0001185185-23-000289.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000289.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.