{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-029599","form_type":"8-K","ticker":"POLA","cik":"0001622345","company_name":"Polar Power, Inc.","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.841992+00:00","generated_at":"2026-05-31T15:19:06.988171+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Polar Power appoints Michael Field as independent director and compensation committee chair","bullets":["Michael Field appointed to board effective July 25, 2024; fills vacancy from Peter Gross's resignation.","Field to serve as audit committee member, chair of compensation and nominating/corporate governance committees.","Annual director fee of $30,000 paid quarterly; option to receive 18,750 shares per quarter instead of cash in first year.","Field is President and CEO of The Raymond Corporation with 40 years in global manufacturing and engineering.","Appointment brings number of independent directors to three."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-029599","json":"https://secwatch.observer/filing/0001493152-24-029599.json","markdown":"https://secwatch.observer/filing/0001493152-24-029599.md","text":"https://secwatch.observer/filing/0001493152-24-029599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622345/000149315224029599/0001493152-24-029599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622345/000149315224029599/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:19:06.988171+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":"301891f227","claim":"Peter Gross resigned as Director at Polar Power, Inc..","evidence_excerpt":"As previously disclosed, Peter Gross, a member of the Board of Directors (the “Board”) of Polar Power, Inc. (the “Company”), resigned as a member of the Board of Directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622345/000149315224029599/0001493152-24-029599-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"9939f30c1c","claim":"Michael G. Field was appointed as Director at Polar Power, Inc..","evidence_excerpt":"The remaining members of the Board appointed and ratified Mr. Michael G. Field, to serve as a member of the Board, effective as of July 25, 2024, and to assume the position of Mr. Gross as a member of the audit committee, chair of the compensation committee and chair of the nominating and corporate governance committee of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622345/000149315224029599/0001493152-24-029599-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"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"}