{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-046222","form_type":"8-K","ticker":"BMTM","cik":"0001568385","company_name":"Bright Mountain Media, Inc.","filed_at":"2024-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.826406+00:00","generated_at":"2026-05-29T23:46:32.719829+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Bright Mountain Media enters new CEO employment agreement with Matt Drinkwater effective Dec 1, 2024","bullets":["Three-year term with automatic one-year renewals; base salary $400,000 plus annual bonus up to $600,000 based on performance.","Grants options for 125,000 shares at $0.035/share, vesting over four years under the Stock Option Plan.","Non-compete for one year post-termination (if for cause) and non-solicitation for two years; severance of 100-150% of base salary for 12 months if terminated without cause.","Enhanced severance of 150% of base salary for 12 months if termination occurs within 3 months before or 1 year after a change in control.","Replaces previous employment agreement; effective December 1, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-046222","json":"https://secwatch.observer/filing/0001493152-24-046222.json","markdown":"https://secwatch.observer/filing/0001493152-24-046222.md","text":"https://secwatch.observer/filing/0001493152-24-046222.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568385/000149315224046222/0001493152-24-046222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568385/000149315224046222/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:46:32.719829+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"}