{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-020146","form_type":"8-K","ticker":"HGAS","cik":"0001817232","company_name":"Global Gas Corp","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.660189+00:00","generated_at":"2026-06-05T03:59:50.147689+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Global Gas restructures CEO pay to profit-sharing; 1.6M Class B shares forfeited","bullets":["CEO Nance will receive no base salary; instead, he earns up to $250K/yr via 15% of gross profit from contracts he sources.","Aggregate 1,600,000 shares of Class B common stock forfeited for no additional consideration; remaining Class B shares equal 2,700,000.","Non-compete period for CEO reduced to 12 months post-employment; good reason termination provisions updated to include accrued Gross Profit Payments.","CEO retains contingent profit payments if terminated without cause or for good reason; base salary eliminated entirely."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-020146","json":"https://secwatch.observer/filing/0001213900-24-020146.json","markdown":"https://secwatch.observer/filing/0001213900-24-020146.md","text":"https://secwatch.observer/filing/0001213900-24-020146.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817232/000121390024020146/0001213900-24-020146-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817232/000121390024020146/ea0201241-8k_globalgas.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T03:59:50.147689+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"}