{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-21-031860","form_type":"8-K","ticker":"BMTM","cik":"0001568385","company_name":"Bright Mountain Media, Inc.","filed_at":"2021-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.077037+00:00","generated_at":"2026-06-28T00:06:21.494293+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Bright Mountain Media appoints Matt Drinkwater as CEO; Kip Speyer remains Chairman","bullets":["Effective December 1, 2021; Drinkwater, 48, previously SVP International at BuzzFeed.","3-year contract with $250,000 base salary and discretionary bonus target of 100% of base.","Granted 500,000 stock options vesting 25% annually starting December 1, 2021.","Drinkwater also held roles at Twitter, Groupon, Yahoo, and AOL.","Kip Speyer transitions from CEO to continue as Chairman of the Board."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-21-031860","json":"https://secwatch.observer/filing/0001493152-21-031860.json","markdown":"https://secwatch.observer/filing/0001493152-21-031860.md","text":"https://secwatch.observer/filing/0001493152-21-031860.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568385/000149315221031860/0001493152-21-031860-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568385/000149315221031860/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T00:06:21.494293+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":"56d6f51afe","claim":"Matthew Drinkwater was appointed as Chief Executive Officer at Bright Mountain Media, Inc..","evidence_excerpt":"Effective December 1, 2021, the Company appointed Mr. Matthew Drinkwater as its new Chief Executive Officer (CEO).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568385/000149315221031860/0001493152-21-031860-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"a64c0c4636","claim":"W. Kip Speyer changed role as Chairman of the Board at Bright Mountain Media, Inc..","evidence_excerpt":"Mr. W. Kip Speyer will remain with the Company in his role of Chairman of the Board and transition his CEO role to Mr. Drinkwater.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568385/000149315221031860/0001493152-21-031860-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned from CEO to Chairman"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}