{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-028063","form_type":"8-K","ticker":"SBET","cik":"0001981535","company_name":"Sharplink, Inc.","filed_at":"2025-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.210172+00:00","generated_at":"2026-05-16T12:57:50.707913+00:00","sec_items":["5.02","5.03","7.01","8.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SharpLink CEO Rob Phythian steps down; Joseph Chalom sole CEO; ETH treasury holds 863K","bullets":["Rob Phythian terminated as Co-CEO and President effective Dec 15, 2025; replaced by Joseph Chalom as sole CEO and Board member.","Phythian receives $1.98M cash severance, $144,658 pro-rated 2025 incentive, health subsidies, and vesting of 316,127 RSUs.","ETH holdings of 863,424 (639,241 native, 224,183 LsETH) as of Dec 14; generated 9,241 staking rewards since June 2, 2025.","Institutional ownership rose from low single digits to >30% in Q3 2025; ETH-per-share more than doubled.","Bylaws amended to conform to DGCL amendments; procedural changes only."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-028063","json":"https://secwatch.observer/filing/0001493152-25-028063.json","markdown":"https://secwatch.observer/filing/0001493152-25-028063.md","text":"https://secwatch.observer/filing/0001493152-25-028063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1981535/000149315225028063/0001493152-25-028063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1981535/000149315225028063/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:57:50.707913+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":"e02fb8869b04921fadbbbcd84521d08833022a6f","claim":"Sharplink, Inc.: Board approved and adopted Amended and Restated Bylaws to conform to recent DGCL amendments, make clarifying changes, and update internal procedural matters (effective 2025-12-15).","evidence_excerpt":"On December 15, 2025, the Board approved and adopted the Amended and Restated Bylaws of the Company (the \"Bylaws\"), effective immediately, to update the bylaws to conform certain provisions to the Delaware General Corporation Law (the \"DGCL\") in light of, among other things, recent amendments to the DGCL, to make clarifying changes, and to effect certain other changes regarding internal procedural matters, including the following changes:","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1981535/000149315225028063/0001493152-25-028063-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-12-15"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}