{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-245822","form_type":"8-K","ticker":"BKKT","cik":"0001820302","company_name":"Bakkt, Inc.","filed_at":"2025-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.606684+00:00","generated_at":"2026-05-17T02:48:17.628615+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bakkt cuts proposed management option grant from 7.45M to 2M shares, revises vote standard","bullets":["Options reduced to 2,000,000 from 7,450,000 on a pro rata basis; exercise price remains $10.00.","Stock price closed at $32.14 on Oct 21, making options deeply in the money vs $8.59 record date.","Special meeting reconvened Oct 31, 2025; vote now requires majority of outstanding shares present.","Forfeited options may be reallocated to future service providers on same terms.","Board reiterates recommendation to vote FOR the amended proposal."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-245822","json":"https://secwatch.observer/filing/0001193125-25-245822.json","markdown":"https://secwatch.observer/filing/0001193125-25-245822.md","text":"https://secwatch.observer/filing/0001193125-25-245822.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820302/000119312525245822/0001193125-25-245822-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820302/000119312525245822/d36779d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:48:17.628615+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"}