{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-059678","form_type":"8-K","ticker":null,"cik":"0001762322","company_name":"SHIFT TECHNOLOGIES, INC.","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.154544+00:00","generated_at":"2026-06-13T03:15:07.884265+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"CEO Jeff Clementz departs Shift Technologies; receives $400K severance plus benefits","bullets":["Jeff Clementz stepped down as CEO effective June 9, 2023; resigned from Board same day.","Continued as non-executive employee through July 1, 2023 (Separation Date).","Receives $400K lump sum, prorated 2023 bonus based on actual performance, and 18-month COBRA subsidy.","Remains available for transition assistance through August 31, 2023.","Company states departure not due to any disagreements over business, operations, or strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-059678","json":"https://secwatch.observer/filing/0001213900-23-059678.json","markdown":"https://secwatch.observer/filing/0001213900-23-059678.md","text":"https://secwatch.observer/filing/0001213900-23-059678.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1762322/000121390023059678/0001213900-23-059678-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1762322/000121390023059678/ea182312-8k_shifttech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:15:07.884265+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":"5d83361fc9","claim":"Jeff Clementz resigned as Chief Executive Officer at SHIFT TECHNOLOGIES, INC..","evidence_excerpt":"transition of Jeff Clementz from the Company as its Chief Executive Officer, effective June 9, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1762322/000121390023059678/0001213900-23-059678-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}