{"schema_version":"secwatch.filing_event.v1","accession":"0001649094-25-000116","form_type":"8-K","ticker":"PCVX","cik":"0001649094","company_name":"Vaxcyte, Inc.","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.041070+00:00","generated_at":"2026-05-16T12:35:02.342107+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Vaxcyte boosts severance multipliers for CEO Pickering and three other execs effective Dec 31, 2025","bullets":["CEO Pickering: base salary severance multiplier for Qualifying Termination increases to 1.5x (from 1.0x); CIC termination to 2.0x (from 1.5x).","CFO Guggenhime, COO Wassil, CTOO Dhaliwal: non-CIC multiplier rises to 1.0x (from 0.75x/0.5x); CIC to 1.5x (from 1.0x/0.75x).","COBRA severance multipliers increased proportionally across all four executives.","Changes effective Dec 31, 2025, approved by Compensation Committee to align with peer group levels."],"urls":{"canonical":"https://secwatch.observer/filing/0001649094-25-000116","json":"https://secwatch.observer/filing/0001649094-25-000116.json","markdown":"https://secwatch.observer/filing/0001649094-25-000116.md","text":"https://secwatch.observer/filing/0001649094-25-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649094/000164909425000116/0001649094-25-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649094/000164909425000116/pcvx-20251218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:35:02.342107+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"}