{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-044811","form_type":"8-K","ticker":"CYN","cik":"0001874097","company_name":"Cyngn Inc.","filed_at":"2024-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.045810+00:00","generated_at":"2026-06-01T17:03:07.135047+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Cyngn Inc. enters into Severance and Change of Control Agreement with CFO Donald Alvarez","bullets":["On May 15, 2024, Cyngn Inc. entered into a Severance and Change of Control Agreement with CFO Donald Alvarez.","The agreement provides a lump sum of six months base salary and pro-rated annual bonus for termination without cause or for good reason.","Upon a change of control, the officer receives six months salary, six months bonus, 50% equity vesting, and COBRA premium payments.","Severance benefits are contingent on the officer executing a release in a form acceptable to the Company."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-044811","json":"https://secwatch.observer/filing/0001213900-24-044811.json","markdown":"https://secwatch.observer/filing/0001213900-24-044811.md","text":"https://secwatch.observer/filing/0001213900-24-044811.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024044811/0001213900-24-044811-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024044811/ea0206386-8k_cyngn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T17:03:07.135047+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"}