secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2025-07-02T23:59:59+00:00
Accession:  0001213900-25-061074
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PodcastOne enters new employment agreements with President Kit Gray and CRO Sue McNamara
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- Kit Gray (President) receives 2-year term at $375k salary, 700k Company RSUs and 150k LiveOne RSUs, with performance vesting if PODC stock reaches $3.50, $5.00, or $10.00 for 90 consecutive days.
- Sue McNamara (CRO) receives 2-year term at $325k salary, 150k Company RSUs and 25k LiveOne RSUs, plus target bonus at 100% of salary.
- Both agreements include severance benefits: 6 months of base salary and acceleration of all unvested RSUs upon termination without cause or for good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390025061074/0001213900-25-061074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390025061074/ea0247957-8k_podcast.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-061074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer