{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-048960","form_type":"8-K","ticker":"DTIL","cik":"0001357874","company_name":"PRECISION BIOSCIENCES INC","filed_at":"2021-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.820524+00:00","generated_at":"2026-06-29T01:14:04.004945+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Precision BioSciences appoints Michael Amoroso as President and CEO, effective Oct 15, 2021","bullets":["Amoroso succeeds co-founder Matt Kane, who transitions to advisor through Oct 2022.","Annual base salary $600k; target bonus 60% of base plus $200k one-time payment in 2021.","Inducement grants: option to buy 850k shares (4-yr vest, 25% year 1) and RSUs with $237k grant-date fair value (1-yr cliff).","Additional option for 250k shares to be granted on first anniversary of effective date, vests over 4 years.","Relocation assistance up to $50k (grossed up) and attorney fees up to $10k."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-048960","json":"https://secwatch.observer/filing/0001564590-21-048960.json","markdown":"https://secwatch.observer/filing/0001564590-21-048960.md","text":"https://secwatch.observer/filing/0001564590-21-048960.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1357874/000156459021048960/0001564590-21-048960-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1357874/000156459021048960/dtil-8k_20210927.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T01:14:04.004945+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":"3aacb1eb9d","claim":"Mathew Kane departed as President and Chief Executive Officer at PRECISION BIOSCIENCES INC.","evidence_excerpt":"Mr. Amoroso succeeds Mathew Kane who, as previously reported, agreed to cease serving in both capacities effective with his successor’s commencement of service with the Company and to serve as a non-employee advisor to the Company through October 1, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1357874/000156459021048960/0001564590-21-048960-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"agreed to cease serving"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"8ced49afa2","claim":"Michael Amoroso was appointed as Director at PRECISION BIOSCIENCES INC.","evidence_excerpt":"appointed Michael Amoroso to serve as President and Chief Executive Officer of the Company, as well as a member of the Board, in each case effective October 15, 2021","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1357874/000156459021048960/0001564590-21-048960-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e2fd3bd706","claim":"Michael Amoroso was appointed as President and Chief Executive Officer at PRECISION BIOSCIENCES INC.","evidence_excerpt":"appointed Michael Amoroso to serve as President and Chief Executive Officer of the Company, as well as a member of the Board, in each case effective October 15, 2021","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1357874/000156459021048960/0001564590-21-048960-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}