secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2021-12-17T23:59:59+00:00
Accession:  0001493152-21-031860
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media appoints Matt Drinkwater as CEO; Kip Speyer remains Chairman
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000149315221031860/0001493152-21-031860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000149315221031860/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-031860

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