secwatch.observer — SEC 8-K summary
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Issuer:     Cineverse Corp. (CNVS)
CIK:        0001173204
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001193125-25-223433
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cineverse Corp. signs new CFO employment agreement with Mark Lindsey; $350K base salary, 71,699 RSUs
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- CFO Mark Lindsey's new employment agreement runs through Sep 13, 2027 with automatic one-year renewal.
- Annual base salary $350K; target bonus of $175K under Management Annual Incentive Plan.
- Award of 71,699 restricted stock units vesting over three years under 2017 Equity Incentive Plan.
- Severance: 12 months' base salary for termination without cause or with good reason; 2x (base + target) upon change in control.
- Non-competition and non-solicitation covenants apply for one year post-employment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173204/000119312525223433/0001193125-25-223433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173204/000119312525223433/cnvs-20250923.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-223433

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer