{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-005587","form_type":"8-K","ticker":"SBIG","cik":"0001801602","company_name":"SpringBig Holdings, Inc.","filed_at":"2025-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.922182+00:00","generated_at":"2026-05-27T20:52:08.537878+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SpringBig CEO and CFO to depart; board initiates search for replacements","bullets":["CEO Jeffrey Harris to separate by latest of March 31, 2025, annual meeting, or 10-K filing; will receive $450k salary through separation, 250k RSUs, and gaming commissions.","CFO Paul Sykes to separate on June 14, 2025; will receive $364k salary through separation, $227.5k bonus, accelerated vesting of 86,667 RSUs, and COBRA contributions.","Both executives' non-solicitation and non-compete periods extended to 36 months; definition of 'Business of the Company' expanded to include gaming.","Lead independent director Marc Shiffman spearheading search for new CEO and CFO.","CEO will continue as board member (non-executive) and serve as consultant for 12 months at $450k fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-005587","json":"https://secwatch.observer/filing/0001213900-25-005587.json","markdown":"https://secwatch.observer/filing/0001213900-25-005587.md","text":"https://secwatch.observer/filing/0001213900-25-005587.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801602/000121390025005587/0001213900-25-005587-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801602/000121390025005587/ea0228216-8k_springbig.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T20:52:08.537878+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":"8e6d7a9765","claim":"Jeffrey Harris departed as Chief Executive Officer at SpringBig Holdings, Inc..","evidence_excerpt":"Jeffrey Harris has announced his intention to separate from his position as the Company’s CEO and an employee of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000121390025005587/0001213900-25-005587-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"separate from his position as CEO"},{"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"}