{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-181555","form_type":"8-K","ticker":"CRNC","cik":"0001768267","company_name":"Cerence Inc.","filed_at":"2022-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.228643+00:00","generated_at":"2026-06-24T23:21:16.591893+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Cerence enters new change of control equity acceleration and severance agreements with CEO Stefan Ortmanns","bullets":["US CoC agreement provides accelerated equity vesting: 18-month time-based vesting upon termination without cause; 100% acceleration within change of control period.","GmbH CoC agreement provides cash severance: 150% base salary + bonus outside change of control; 200% inside change of control period.","Both agreements effective June 19/21, 2022, replace prior December 2019 agreements.","Initial three-year term with automatic one-year renewals; extends to one-year anniversary after a change of control."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-181555","json":"https://secwatch.observer/filing/0001193125-22-181555.json","markdown":"https://secwatch.observer/filing/0001193125-22-181555.md","text":"https://secwatch.observer/filing/0001193125-22-181555.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1768267/000119312522181555/0001193125-22-181555-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1768267/000119312522181555/d362210d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T23:21:16.591893+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"}