{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-092335","form_type":"8-K","ticker":"SALM","cik":"0001050606","company_name":"SALEM MEDIA GROUP, INC. /DE/","filed_at":"2022-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.473813+00:00","generated_at":"2026-06-26T10:10:54.225316+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Salem Media amends CEO and COO employment agreements with new incentive structure","bullets":["CEO David Santrella base salary set at $661k (2022), $674,220 (2023), $687,704 (2024).","Quarterly bonuses for Santrella: up to $6,800 each for achieving total company revenue/EBITDA budgets.","Annual restricted stock award of $25k for Santrella if revenue exceeds budget by ≥$2M and grows ≥5% YoY.","Santrella receives option to purchase 50,000 shares of Class A common stock vesting over 4 years.","COO David Evans incentive includes quarterly bonuses up to $5,700 for company targets and $2,800 for non-broadcast/Regnery."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-092335","json":"https://secwatch.observer/filing/0001193125-22-092335.json","markdown":"https://secwatch.observer/filing/0001193125-22-092335.md","text":"https://secwatch.observer/filing/0001193125-22-092335.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050606/000119312522092335/0001193125-22-092335-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050606/000119312522092335/d305296d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T10:10:54.225316+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"}