{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-088567","form_type":"8-K","ticker":"FLY","cik":"0001860160","company_name":"Firefly Aerospace Inc.","filed_at":"2026-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.586956+00:00","generated_at":"2026-05-15T22:20:22.561891+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Firefly Aerospace adopts Executive Severance Plan with defined benefits for CEO, officers","bullets":["Plan adopted Feb 25, 2026; covers CEO (Tier 0), Section 16 officers (Tier 1), and VP-level leaders (Tier 2).","Qualifying termination without cause: CEO gets 1x base salary; Tiers 1-2 get 6-12 months base; plus bonus, COBRA, equity acceleration.","Within 24-month Change-in-Control window: CEO gets 2x base + 2x target bonus; equity fully vests immediately.","Death/retirement/disability severance: 1x base salary plus prorated bonus and equity treatment.","No excise tax gross-up; Section 280G cutback optional to maximize net after-tax position."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-088567","json":"https://secwatch.observer/filing/0001193125-26-088567.json","markdown":"https://secwatch.observer/filing/0001193125-26-088567.md","text":"https://secwatch.observer/filing/0001193125-26-088567.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1860160/000119312526088567/0001193125-26-088567-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1860160/000119312526088567/d946352d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T22:20:22.561891+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"}