{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-044890","form_type":"8-K","ticker":"OTH","cik":"0002067767","company_name":"OFF THE HOOK YS INC.","filed_at":"2026-09-29T21:00:44+00:00","discovered_at":"2026-09-29T21:02:00.220733+00:00","generated_at":"2026-10-12T13:52:59.862733+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NextBoat appoints Ross Tannenbaum CEO; Brian John resigns as CEO but remains director","bullets":["Ross Tannenbaum became CEO on Sept 28, 2026, succeeding Brian S. John, who resigned as CEO but remains a NextBoat director.","Tannenbaum's employment agreement sets initial base salary of $240,000, rising to $400,000 after the first year, with a four-year initial term.","He received inducement options for 2,500,000 shares at $1.96: 1,000,000 time-vesting, 1,000,000 performance-based, and 500,000 tied to a $5.00 VWAP.","Annual bonus starts at $100,000 if breakeven Adjusted EBITDA is achieved for FY2027, plus 2.5%-6% of Adjusted EBITDA above thresholds.","Severance includes 12 months' base salary; a qualifying termination after a change in control pays 1.5x salary and target bonus."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-044890","json":"https://secwatch.observer/filing/0001493152-26-044890.json","markdown":"https://secwatch.observer/filing/0001493152-26-044890.md","text":"https://secwatch.observer/filing/0001493152-26-044890.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226044890/0001493152-26-044890-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226044890/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:52:59.862733+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"}