other_material
confidence high
sentiment neutral
materiality 0.30
Purple defers 65% of special bonuses for three NEOs; adds 15% premium, waives CEO repayment clause
Purple Innovation, Inc.
- DeMartini: 65% ($386,750) of $595K special bonus deferred to Jan 2026/change of control; increased 15% to $444,763.
- Vogensen: 65% ($341,250) of $525K special bonus deferred plus 15% ($51,188) to $392,438; 35% paid Aug 2025.
- CEO DeMartini's repayment obligation (if terminated before June 30, 2026) waived after Enhanced Amount Vesting Date.
- Eric Haynor entered similar amendment on July 24, 2025; specific dollar amounts not disclosed in the filing.
item 5.02item 9.01