{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-366182","form_type":"8-K","ticker":"LITS","cik":"0001262104","company_name":"Lite Strategy, Inc.","filed_at":"2021-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.862968+00:00","generated_at":"2026-06-27T22:30:47.612494+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MEI Pharma extends CFO Brian Drazba's retirement to June 30, 2022","bullets":["CFO Brian Drazba's employment extended to June 30, 2022, under amended retirement agreement.","Mr. Drazba eligible for $414,140 severance (12 months' base salary) if he leaves other than for cause.","Outstanding stock options will vest as if employment continued through first anniversary of retirement date; exercise period extended to one year post-retirement.","Accelerated vesting and exercise benefits contingent on signing release and complying with restrictive covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-366182","json":"https://secwatch.observer/filing/0001193125-21-366182.json","markdown":"https://secwatch.observer/filing/0001193125-21-366182.md","text":"https://secwatch.observer/filing/0001193125-21-366182.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262104/000119312521366182/0001193125-21-366182-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262104/000119312521366182/d275307d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T22:30:47.612494+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":[{"claim_id":"334be98e44","claim":"Brian G. Drazba departed as Chief Financial Officer at Lite Strategy, Inc..","evidence_excerpt":"On December 21, 2021, Mr. Drazba and the Company mutually agreed to extend the term of Mr. Drazba’s employment to June 30, 2022 (or an earlier date determined by either party), pursuant to a letter agreement dated December 21, 2021 (the “Letter Agreement”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1262104/000119312521366182/0001193125-21-366182-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retirement"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}