---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-073298"
form_type: "8-K"
ticker: "PODC"
cik: "0001940177"
company_name: "PodcastOne, Inc."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:47:20.600142+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Courtside Group signs President Kit Gray to new employment agreement; $375K salary, equity grants

## Summary
- Employment agreement with Kit Gray effective Jan 1, 2023, for 2 years; annual salary $375,000.
- Target performance bonus up to 100% of average annualized base salary per fiscal year.
- Equity grant: 325,000 PC1 RSUs (Courtside) and 150,000 LVO RSUs (LiveOne), vesting over 2 years.
- Termination without cause or good reason triggers 6 months salary and full RSU acceleration.
- Board approved 2023 Annual Bonus Plan on Aug 23, 2023, for executive officers.

## SEC filing metadata
- accession: 0001213900-23-073298
- form_type: 8-K
- ticker: PODC
- cik: 0001940177
- company_name: PodcastOne, Inc.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1940177/000121390023073298/0001213900-23-073298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1940177/000121390023073298/ea184581-8k_courtside.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-073298
- JSON: https://secwatch.observer/filing/0001213900-23-073298.json
- Plain text: https://secwatch.observer/filing/0001213900-23-073298.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.