{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-021782","form_type":"8-K","ticker":"PRPL","cik":"0001643953","company_name":"Purple Innovation, Inc.","filed_at":"2023-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.975643+00:00","generated_at":"2026-06-17T22:18:13.388253+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Purple Innovation amends CEO DeMartini's equity awards, accelerating vesting and adding $0.8M Q1 2023 expense","bullets":["RSUs and options for 0.2M shares vest earlier: 0.16M vest March 25, 2023, remaining 0.04M vest March 25, 2024.","Conditional grant of 0.3M shares (subject to shareholder approval) vests in tranches through March 2025.","Acceleration of vesting results in ~$0.8M additional stock-based compensation expense in Q1 2023, moved from future periods.","Board proposed amending equity plan to raise annual participant limit to 1.5M shares and $7.5M cash, subject to shareholder vote."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-021782","json":"https://secwatch.observer/filing/0001213900-23-021782.json","markdown":"https://secwatch.observer/filing/0001213900-23-021782.md","text":"https://secwatch.observer/filing/0001213900-23-021782.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643953/000121390023021782/0001213900-23-021782-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643953/000121390023021782/ea175595-8k_purple.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:18:13.388253+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"}