{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-070122","form_type":"8-K","ticker":"PRPL","cik":"0001643953","company_name":"Purple Innovation, Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.547275+00:00","generated_at":"2026-06-22T03:50:31.767275+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Purple Innovation and former CMO Patrice Varni sign Separation Agreement; severance includes $206,000 over 26 weeks","bullets":["Patrice Varni, former CMO, left on Oct 18, 2022; Separation Agreement signed Nov 5, 2022.","Severance: $206,000 over 26 weeks plus $14,000 lump sum; COBRA premium paid for up to 26 weeks.","Unpaid base salary, expense reimbursements, and vested 401(k) balance to be paid.","Agreement includes release, non-disparagement, confidentiality, and cooperation clauses.","All unvested restricted and performance stock units forfeited as of termination date."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-070122","json":"https://secwatch.observer/filing/0001213900-22-070122.json","markdown":"https://secwatch.observer/filing/0001213900-22-070122.md","text":"https://secwatch.observer/filing/0001213900-22-070122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643953/000121390022070122/0001213900-22-070122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643953/000121390022070122/ea168173-8k_purple.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T03:50:31.767275+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":[{"claim_id":"fdf7d25afd","claim":"Patrice Varni departed as Chief Marketing Officer at Purple Innovation, Inc..","evidence_excerpt":"As previously disclosed, on October 18, 2022, Patrice Varni, who had served as the Chief Marketing Officer of the Company, left the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643953/000121390022070122/0001213900-22-070122-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"left"},{"label":"Role","value":"Chief Marketing Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}