{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-046588","form_type":"8-K","ticker":"NXGL","cik":"0001468929","company_name":"NEXGEL, INC.","filed_at":"2023-12-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.160234+00:00","generated_at":"2026-06-07T05:49:45.041441+00:00","sec_items":["1.01","3.02","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NexGel enters 2024 employment agreement with CEO Adam Levy, appoints Scott Henry to compensation committee","bullets":["NexGel entered a one-year employment agreement with CEO Adam Levy, effective Jan 1, 2024, with $325,000 base salary and $70,000 equity grant.","Performance bonuses include $100,000 cash and 35,000 shares upon achieving positive EBITDA for two consecutive quarters through Q1 2025.","Stock price bonuses: $25,000 cash and 25,000 shares if stock averages $4.50; $75,000 cash and 50,000 shares if $7.00 over three months.","Board appointed Scott R. Henry as Chair of Compensation Committee effective Jan 1, 2024, replacing David Stefansky.","Equity grants issued under Section 4(a)(2) exemption; non-competition and non-solicitation clauses apply to Levy."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-046588","json":"https://secwatch.observer/filing/0001493152-23-046588.json","markdown":"https://secwatch.observer/filing/0001493152-23-046588.md","text":"https://secwatch.observer/filing/0001493152-23-046588.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468929/000149315223046588/0001493152-23-046588-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468929/000149315223046588/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:49:45.041441+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"}