{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-028834","form_type":"8-K","ticker":"VTSI","cik":"0001085243","company_name":"VirTra, Inc","filed_at":"2023-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.107688+00:00","generated_at":"2026-06-11T09:10:36.082620+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"John Givens appointed CEO of VirTra; founder Ferris becomes Executive Chairman","bullets":["John Givens becomes CEO effective Aug 15, 2023; previously co-CEO since May 2022.","Founder Robert Ferris transitions from co-CEO to Executive Chairman.","Three-year employment agreement: base salary $349,859.90, annual bonus, equity participation.","Severance: 3x base salary (non-cause, no change of control); 4x base + accelerated vesting upon change of control.","Two-year non-compete covenant for terminations other than voluntary for good reason."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-028834","json":"https://secwatch.observer/filing/0001493152-23-028834.json","markdown":"https://secwatch.observer/filing/0001493152-23-028834.md","text":"https://secwatch.observer/filing/0001493152-23-028834.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085243/000149315223028834/0001493152-23-028834-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085243/000149315223028834/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:10:36.082620+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":"39960561c0","claim":"Robert Ferris changed role as Executive Chairman of the Board at VirTra, Inc.","evidence_excerpt":"Robert Ferris, the Company’s founder and current chairman and co-CEO will transition to the position of Executive Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085243/000149315223028834/0001493152-23-028834-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transition to"},{"label":"Role","value":"Executive Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"cb225b68fb","claim":"John Givens changed role as Chief Executive Officer at VirTra, Inc.","evidence_excerpt":"Effective August 15, 2023, John Givens will assume the role of the Company’s Chief Executive Officer (CEO).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085243/000149315223028834/0001493152-23-028834-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assume the role of"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}