{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-075637","form_type":"8-K","ticker":"PRPL","cik":"0001643953","company_name":"Purple Innovation, Inc.","filed_at":"2026-07-06T22:16:20+00:00","discovered_at":"2026-07-07T10:05:01.161380+00:00","generated_at":"2026-07-07T10:05:43.639154+00:00","sec_items":["5.07","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Purple Innovation shareholders approve reverse stock split; CEO gets $1M retention bonus","bullets":["Stockholders approved reverse stock split at ratio from 1:10 to 1:30, as determined by Board.","CEO Robert T. DeMartini eligible for $1M retention bonus vesting in three tranches through June 30, 2027.","Amendment provides for accelerated vesting of time-based RSUs and pro-rata PSUs upon retirement after June 30, 2027.","Adjournment proposal also approved with 86.9M votes for, 2.1M against, 2.4M abstain."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-075637","json":"https://secwatch.observer/filing/0001213900-26-075637.json","markdown":"https://secwatch.observer/filing/0001213900-26-075637.md","text":"https://secwatch.observer/filing/0001213900-26-075637.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643953/000121390026075637/0001213900-26-075637-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643953/000121390026075637/ea0297183-8k_purple.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-07T10:05:43.639154+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"}