{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-020364","form_type":"8-K","ticker":"APYP","cik":"0001568969","company_name":"APPYEA, INC","filed_at":"2024-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.010622+00:00","generated_at":"2026-06-01T15:44:40.895480+00:00","sec_items":["1.01","5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AppYea converts $458k unpaid compensation to stock options; director Neil Kline resigns","bullets":["Chairman Molchadsky converts $139,150 at $0.07/share (1,987,858 shares); CFO Porat converts $154,589 at $0.04/share.","CEO Shemer converts $44,284 at $0.04/share (1,122,239 shares); also granted 6,000,000 options at $0.0001, vesting July 1, 2024.","Remaining $70k (BM) and $50k (AP) unpaid compensation to be paid in 20 monthly installments after $1.5M raise or 7 months positive cash flow.","Director Neil Kline resigned May 14, not due to disagreements; receives 3M restricted shares (750k vested, rest quarterly) as consultant.","All conversions and share issuances are under Israeli tax-qualified stock option plans."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-020364","json":"https://secwatch.observer/filing/0001493152-24-020364.json","markdown":"https://secwatch.observer/filing/0001493152-24-020364.md","text":"https://secwatch.observer/filing/0001493152-24-020364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568969/000149315224020364/0001493152-24-020364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568969/000149315224020364/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T15:44:40.895480+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":"d59c9dc7d3","claim":"Neil Kline resigned as Director at APPYEA, INC.","evidence_excerpt":"On May 14, 2024, Neil Kline notified the board of directors (the \"Board\") of the Company of his resignation from the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568969/000149315224020364/0001493152-24-020364-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}