---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-025441"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T00:59:55.204608+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media Chairman W. Kip Speyer retiring June 30; Director Harry Schulman also resigns

## Summary
- Chairman W. Kip Speyer to retire from Board and Chairman role effective June 30, 2024; no disagreements.
- Director Harry Schulman resigns from Board and as chair of compensation and audit committees, same date.
- Both entered separation agreements including accelerated vesting of unvested stock options.
- No replacements announced; Board size reduced by two.

## SEC filing metadata
- accession: 0001493152-24-025441
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315224025441/0001493152-24-025441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315224025441/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-025441
- JSON: https://secwatch.observer/filing/0001493152-24-025441.json
- Plain text: https://secwatch.observer/filing/0001493152-24-025441.txt

## Key facts
- Executive change
  Harry Schulman resigned as Director at Bright Mountain Media, Inc..
  - Action: resigned
  - Role: Director
  source text: On June 21, 2024, Harry Schulman, a director of the Company, notified the Company that he was resigning from the Board, effective June 30, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000149315224025441/0001493152-24-025441-index.htm
- Executive change
  W. Kip Speyer retired as Chairman at Bright Mountain Media, Inc..
  - Action: retired
  - Role: Chairman
  source text: On June 21, 2024, W. Kip Speyer informed Bright Mountain Media, Inc. (the “Company”) that he will retire from his position as Chairman and as a member of the Board of Directors (the “Board”) of the Company effective June 30, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000149315224025441/0001493152-24-025441-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.