{"schema_version":"secwatch.filing_event.v1","accession":"0001421517-26-000040","form_type":"8-K","ticker":"ERII","cik":"0001421517","company_name":"Energy Recovery, Inc.","filed_at":"2026-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.263926+00:00","generated_at":"2026-05-14T22:36:16.584605+00:00","sec_items":["2.02","5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Energy Recovery reports Q1 2026 results, CEO David Moon to retire, CFO resigns, board authorizes $25M share repurchase","bullets":["Revenue increased 20% to $9.7M in Q1 2026 from $8.1M in Q1 2025; net loss was $12.3M.","CEO David Moon announced intention to retire after successor appointed; search underway.","CFO Mike Mancini resigned effective May 6, 2026; Aidan Ryan appointed Interim CFO.","Board authorized new $25M share repurchase program over next 12 months, adding to $130M total announced since Nov 2024.","Gross margin fell to 27.8% from 55.3% due to restructuring charges and higher costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001421517-26-000040","json":"https://secwatch.observer/filing/0001421517-26-000040.json","markdown":"https://secwatch.observer/filing/0001421517-26-000040.md","text":"https://secwatch.observer/filing/0001421517-26-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/erii-20260506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-14T22:36:16.584605+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":"e02fe03afb69efde5c2fc57ed9408de932ddf008","claim":"Energy Recovery, Inc. reported the first quarter ended March 31, 2026 results: revenue $9.7 million, net income Net loss of $12.3 million, EPS Diluted loss per share ($0.23).","evidence_excerpt":"over the next 12 months. Since November 2024, the Company has now announced $130.0 million of aggregate share repurchase authorizations. First Quarter Highlights • Revenue of $9.7 million, an increase of $1.6 million, as compared to Q1’2025. • Gross margin of 27.8%, a decrease of 2,750 bps, as compared to Q1’2025 due primarily to $1.6 million of restructuring","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","confidence":1.0},{"claim_id":"0735796eec","claim":"David Moon departed as President and Chief Executive Officer at Energy Recovery, Inc..","evidence_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","confidence":0.95},{"claim_id":"8e4223b6c8","claim":"Mike Mancini resigned as Chief Financial Officer at Energy Recovery, Inc..","evidence_excerpt":"On May 4, 2026, Mike Mancini, Chief Financial Officer of the Company, submitted his resignation to the Company effective as of May 6, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","confidence":0.98},{"claim_id":"d41eda34b7","claim":"Aidan Ryan was appointed as Interim Chief Financial Officer at Energy Recovery, Inc..","evidence_excerpt":"On May 6, 2026, the Company announced that Aidan Ryan, 42, has been appointed as the Interim Chief Financial Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","confidence":0.98}],"comparable_filings":[{"accession":"0001628280-26-039461","ticker":"GRAL","company_name":"GRAIL, Inc.","filed_at":"2026-06-01T20:07:27+00:00","headline":"GRAIL appoints Joshua Ofman as CEO with amended compensation and severance","event_type":"leadership","sec_items":["5.02","8.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 8.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039461","json":"https://secwatch.observer/filing/0001628280-26-039461.json","markdown":"https://secwatch.observer/filing/0001628280-26-039461.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1699031/000162828026039461/0001628280-26-039461-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1699031/000162828026039461/gral-20260601.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers In connection with Dr. Joshua Ofman’s appointment as the Chief Executive Officer of GRAIL, Inc. (the “Company”), on June 1, 2026, the Company’s board of directors (the “Board”) approved an amended and restated offer letter (the “Amended Offer Letter”) and authorized and directed the Company to enter into such Amended Offer Letter with Dr. Ofman, with the Amended Offer Letter effective as of June 1, 2026 (the “Effective Date”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1699031/000162828026039461/0001628280-26-039461-index.htm"}},{"accession":"0001493152-26-025670","ticker":"AIXC","company_name":"AIxCrypto Holdings, Inc.","filed_at":"2026-05-28T21:23:37+00:00","headline":"AIxCrypto Holdings announces executive resignations, appointments, and wind-down of biotech segment","event_type":"leadership","sec_items":["5.02","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 8.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-025670","json":"https://secwatch.observer/filing/0001493152-26-025670.json","markdown":"https://secwatch.observer/filing/0001493152-26-025670.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1460702/000149315226025670/0001493152-26-025670-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1460702/000149315226025670/form8-k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"On May 21, 2026, the Board appointed Jie (Jay) Sheng, current independent director of the Company, as President, and as Chief Financial Officer, effective June 21, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1460702/000149315226025670/0001493152-26-025670-index.htm"}},{"accession":"0001193125-26-251709","ticker":"CRVL","company_name":"CORVEL CORP","filed_at":"2026-06-01T21:05:42+00:00","headline":"CorVel CEO Michael Combs to become Executive Chair; Sarah Scott appointed CEO and President effective July 1, 2026","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251709","json":"https://secwatch.observer/filing/0001193125-26-251709.json","markdown":"https://secwatch.observer/filing/0001193125-26-251709.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/874866/000119312526251709/0001193125-26-251709-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874866/000119312526251709/d24231d8k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"In connection with the leadership transition, the Board appointed Sarah Scott to serve as Chief Executive Officer and President of the Company, effective July 1, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/874866/000119312526251709/0001193125-26-251709-index.htm"}},{"accession":"0000105770-26-000080","ticker":"WST","company_name":"WEST PHARMACEUTICAL SERVICES INC","filed_at":"2026-06-01T20:32:30+00:00","headline":"West Pharmaceutical appoints Michel Lagarde as CEO; Green retires, Friel becomes Chair","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000105770-26-000080","json":"https://secwatch.observer/filing/0000105770-26-000080.json","markdown":"https://secwatch.observer/filing/0000105770-26-000080.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/105770/000010577026000080/0000105770-26-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/105770/000010577026000080/wst-20260531.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"As of the Start Date, Mr. Green will resign as a member of the Board and Mr. Lagarde will be appointed as a member of the Board to fill that vacancy.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/105770/000010577026000080/0000105770-26-000080-index.htm"}},{"accession":"0001193125-26-251522","ticker":"VRRM","company_name":"VERRA MOBILITY Corp","filed_at":"2026-06-01T20:29:13+00:00","headline":"Verra Mobility CEO David Roberts steps down amid cost realignment; interim CEO Keyser appointed","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251522","json":"https://secwatch.observer/filing/0001193125-26-251522.json","markdown":"https://secwatch.observer/filing/0001193125-26-251522.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682745/000119312526251522/0001193125-26-251522-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682745/000119312526251522/d39754d8k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"On June 1, 2026, Verra Mobility Corporation (the “Company”) announced that the Board of Directors of the Company (the “Board”) approved the appointment of Jonathan Keyser as the Interim President and Chief Executive Officer of the Company, effective May 31, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1682745/000119312526251522/0001193125-26-251522-index.htm"}},{"accession":"0001193125-26-251467","ticker":"PENG","company_name":"Penguin Solutions, Inc.","filed_at":"2026-06-01T20:17:28+00:00","headline":"Penguin Solutions CFO Nate Olmstead to step down; Aaron Johnson named interim CFO; reaffirms FY2026 guidance at high end","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251467","json":"https://secwatch.observer/filing/0001193125-26-251467.json","markdown":"https://secwatch.observer/filing/0001193125-26-251467.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/0001193125-26-251467-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/d104493d8k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"On May 31, 2026, the board of directors of the Company appointed Aaron Johnson, the Company’s Vice President, Finance and Accounting, as interim CFO and as the Company’s principal financial and accounting officer, succeeding Mr. Olmstead in these positions effective as of July 9, 2026, on an interim basis until the Company appoints a successor.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/0001193125-26-251467-index.htm"}},{"accession":"0001193125-26-250020","ticker":"NSC","company_name":"NORFOLK SOUTHERN CORP","filed_at":"2026-06-01T13:15:16+00:00","headline":"Norfolk Southern COO John Orr resigns; Brian Barr appointed successor effective June 1","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-250020","json":"https://secwatch.observer/filing/0001193125-26-250020.json","markdown":"https://secwatch.observer/filing/0001193125-26-250020.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/702165/000119312526250020/0001193125-26-250020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/702165/000119312526250020/d91653d8k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"On May 31, 2026, John Orr, Executive Vice President & Chief Operating Officer of Norfolk Southern Corporation (the “Company”), notified the Company of his intention to resign from the Company for “good reason” on account of proposed changes in the Company’s operations that would result in a diminution of his duties and responsibilities.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/702165/000119312526250020/0001193125-26-250020-index.htm"}},{"accession":"0001213900-26-063165","ticker":"ADTX","company_name":"Aditxt, Inc.","filed_at":"2026-06-01T12:30:22+00:00","headline":"Aditxt names Jeffrey M. Busch Interim CEO; Amro Albanna steps down","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-063165","json":"https://secwatch.observer/filing/0001213900-26-063165.json","markdown":"https://secwatch.observer/filing/0001213900-26-063165.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1726711/000121390026063165/0001213900-26-063165-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1726711/000121390026063165/ea0292902-8k_aditxt.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151726000040/0001421517-26-000040-index.htm","comparable_excerpt":"On May 29, 2026, Amro Albanna notified the Company of his decision to resign as Chief Executive Officer of Aditxt, Inc. (the “Company”), and on May 30, 2026, Mr. Albanna resigned as a member of the Company’s Board of Directors (the “Board”), effective immediately.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1726711/000121390026063165/0001213900-26-063165-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}