{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-002224","form_type":"8-K","ticker":"EDGM","cik":"0001652958","company_name":"Edgemode, Inc.","filed_at":"2025-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.213975+00:00","generated_at":"2026-05-23T23:44:52.919880+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Edgemode reduces CEO/CFO option exercise prices to $0.005/share in exchange for $100k accrued salary conversion","bullets":["CEO Faulkner and CFO Wajcenberg each converted $50k of accrued salary to reduce option exercise price to $0.005/share.","Options cover ~185.6M shares per executive from three grants (Jan 2022, Sep 2022, Mar 2023) originally priced $0.04-$0.10.","Accrued salaries of $173k (CEO) and $130k (CFO) had been outstanding; only $50k per executive converted."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-002224","json":"https://secwatch.observer/filing/0001683168-25-002224.json","markdown":"https://secwatch.observer/filing/0001683168-25-002224.md","text":"https://secwatch.observer/filing/0001683168-25-002224.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1652958/000168316825002224/0001683168-25-002224-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1652958/000168316825002224/edgemode_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T23:44:52.919880+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"}