{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-285672","form_type":"8-K","ticker":"PURR","cik":"0002078856","company_name":"Hyperliquid Strategies Inc","filed_at":"2026-06-26T21:03:11+00:00","discovered_at":"2026-06-26T21:04:00.291713+00:00","generated_at":"2026-06-26T21:04:37.235346+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Hyperliquid Strategies boosts CEO base to $600k; COO gets $400k base plus $2M in RSUs","bullets":["CEO David Schamis annual base salary increased to $600,000 effective July 1, 2026; eligible for target bonus 100% of base and annual equity target between $2M and $3M.","COO Jeroen Nieuwkoop's compensation formalized via placement agreement with SBR Limited: $400,000 base, target bonus 100%, and annual equity target of $1,000,000.","COO receives two initial time-based RSU awards each valued at $1,000,000, vesting annually over three years.","COO severance provides 6 months base (outside change in control) or 12 months (within CIC) plus accelerated vesting of 50%/100%.","Non-compete and non-solicitation covenants apply for 24 months post-termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-285672","json":"https://secwatch.observer/filing/0001193125-26-285672.json","markdown":"https://secwatch.observer/filing/0001193125-26-285672.md","text":"https://secwatch.observer/filing/0001193125-26-285672.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2078856/000119312526285672/0001193125-26-285672-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2078856/000119312526285672/purr-20260622.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T21:04:37.235346+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"}