{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-029286","form_type":"8-K","ticker":"VYST","cik":"0001308027","company_name":"Vystar Corp","filed_at":"2024-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.524341+00:00","generated_at":"2026-05-31T15:55:41.411220+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":"Vystar enters employment agreement with President/CEO Jamie Rotman; $180K salary in stock with 50% discount","bullets":["Employment agreement retroactive to Jan 1, 2024 formalizes $180K salary payable in Series C Preferred or common stock at 50% discount to 20-day average (floor $0.01) or cash.","Signing bonus of $25K in Series C Preferred shares, vesting 25% immediately, 25% Oct 31 2024, 50% Dec 31 2024; stock trading at $0.0055 as of June 18.","Severance: 52 weeks salary if terminated without cause; 24 months salary if change in control; requires signed separation agreement and release.","Stock incentives: monthly salary in restricted shares with 50% discount; $25K bonus shares convertible 1:1000 into common."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-029286","json":"https://secwatch.observer/filing/0001493152-24-029286.json","markdown":"https://secwatch.observer/filing/0001493152-24-029286.md","text":"https://secwatch.observer/filing/0001493152-24-029286.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1308027/000149315224029286/0001493152-24-029286-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1308027/000149315224029286/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:55:41.411220+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"}