secwatch.observer — SEC 8-K summary
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Issuer:     Bridgeline Digital, Inc. (BLIN)
CIK:        0001378590
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001437749-25-003163
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridgeline Digital amends CEO Kahn's contract; salary $421,500, bonus target $215,000
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- CEO Kahn's annual salary raised to $421,500, effective Jan 1, 2025, with semi-monthly payments.
- Target bonus of $215,000 per year, based on criteria set by Compensation Committee.
- Employment term through Sep 30, 2026, auto-renewing annually unless non-renewal notice given.
- Severance: 12 months base + bonus (18 months if near Change in Control) plus COBRA and equity vesting.
- Amended agreement replaces prior 2019 employment agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378590/000143774925003163/0001437749-25-003163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378590/000143774925003163/blin20250206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-003163

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