{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-039017","form_type":"8-K","ticker":"INDI","cik":"0001841925","company_name":"indie Semiconductor, Inc.","filed_at":"2024-09-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.845373+00:00","generated_at":"2026-05-31T06:40:28.976634+00:00","sec_items":["5.02","7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Indie Semi CEO & founders take $1 salary; workforce cut by ~50","bullets":["CEO McClymont, President Aoki, two other founders, CFO Schiller reduce salary to $1/year effective Sept 1, 2024 through Mar 31, 2025.","Acting CFO Raja Bal and other execs take 20% base salary reduction over the same period.","Company laid off ~50 employees in late August 2024 to improve operational efficiencies.","Severance and change-of-control benefits will be based on pre-reduction base salaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-039017","json":"https://secwatch.observer/filing/0001628280-24-039017.json","markdown":"https://secwatch.observer/filing/0001628280-24-039017.md","text":"https://secwatch.observer/filing/0001628280-24-039017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841925/000162828024039017/0001628280-24-039017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841925/000162828024039017/indi-20240829.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:40:28.976634+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"}