{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-036497","form_type":"8-K","ticker":"YCBD","cik":"0001644903","company_name":"cbdMD, Inc.","filed_at":"2025-11-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.028208+00:00","generated_at":"2026-05-16T16:08:55.184985+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"cbdMD enters new 3-year CEO employment agreement with $340k base salary, 445k restricted share award subject to approval","bullets":["CEO/CFO T. Ronan Kennedy signs 3-year term; base salary of $340,000 per year.","Granted 445,000 restricted shares under new 2025 Equity Plan; vesting conditioned on shareholder approval.","Board approved 2025 Equity Compensation Plan reserving 891,316 shares, with evergreen formula up to 2% annually.","Quarterly performance bonus target up to $140k annually, with potential escalator to $175k based on positive EBITDA.","Severance: if terminated without cause, receives base salary for balance of term (minimum 12 months) and full equity acceleration."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-036497","json":"https://secwatch.observer/filing/0001437749-25-036497.json","markdown":"https://secwatch.observer/filing/0001437749-25-036497.md","text":"https://secwatch.observer/filing/0001437749-25-036497.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1644903/000143774925036497/0001437749-25-036497-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1644903/000143774925036497/ycbd20251128_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:08:55.184985+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"}