{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-022919","form_type":"8-K","ticker":"OPXS","cik":"0001397016","company_name":"Optex Systems Holdings Inc","filed_at":"2025-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.884937+00:00","generated_at":"2026-05-17T15:18:14.271505+00:00","sec_items":["3.03","5.03","5.02","9.0"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Optex Systems appoints Chad George as President; amends bylaws","bullets":["Chad George appointed President effective Aug 11, 2025; 20 years defense ops/supply chain experience at Leonardo DRS and Raytheon.","Base salary $300,000 with 3.5% annual increases; target bonus 30% of base; 10,000 restricted shares vesting Jan 1, 2026.","Employment term through July 1, 2028, automatically renewable; severance includes 6 months base salary for without-cause/good-reason terminations.","Bylaws amended to add shareholder proposal/nomination deadlines, exclusive Delaware forum for derivative/fiduciary claims, and separate CEO and President roles.","Non-competition and non-solicitation covenants last 5 years post-employment; non-disparagement clause included."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-022919","json":"https://secwatch.observer/filing/0001641172-25-022919.json","markdown":"https://secwatch.observer/filing/0001641172-25-022919.md","text":"https://secwatch.observer/filing/0001641172-25-022919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1397016/000164117225022919/0001641172-25-022919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1397016/000164117225022919/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T15:18:14.271505+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":"d8a068422e171ed4b5986dc676c91517ebef5d5a","claim":"Optex Systems Holdings Inc: Amended Bylaws to add shareholder proposal and nomination deadlines, clarify voting thresholds, create separate CEO position, add indemnification rights, and establish exclusive forum for certain actions (effective 2025-08-10).","evidence_excerpt":"Effective August 10, 2025, the Board of Directors of Optex Systems Holdings, Inc. (the “Company”) amended the Company’s Bylaws as described below.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1397016/000164117225022919/0001641172-25-022919-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-08-10"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}