{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-231703","form_type":"8-K","ticker":"OMEX","cik":"0000798528","company_name":"ODYSSEY MARINE EXPLORATION INC","filed_at":"2023-09-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.674516+00:00","generated_at":"2026-06-10T21:56:10.012612+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Odyssey Marine adopts special bonus plan tied to ExO arbitration/settlement proceeds","bullets":["Bonus plan covers all full-time employees including CEO and NEOs; contingent on cash proceeds from NAFTA arbitration or settlement regarding ExO.","Trigger: aggregate net cash payments to Odyssey ≥ $10M; estimated need for award/settlement of at least $200M.","Bonus pool ranges from $750k pro rata (net proceeds $10M) to 250% of salary (net proceeds ≥ $400M).","Aggregate special bonuses capped at ~2% of net proceeds at each payment level.","Plan replaces traditional 2023 annual cash incentive plan to recognize efforts on ExO and other business areas."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-231703","json":"https://secwatch.observer/filing/0001193125-23-231703.json","markdown":"https://secwatch.observer/filing/0001193125-23-231703.md","text":"https://secwatch.observer/filing/0001193125-23-231703.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/798528/000119312523231703/0001193125-23-231703-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/798528/000119312523231703/d526336d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T21:56:10.012612+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"}