{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-002821","form_type":"8-K","ticker":"KLNG","cik":"0001110607","company_name":"Koil Energy Solutions, Inc.","filed_at":"2025-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.552504+00:00","generated_at":"2026-05-23T05:40:01.036400+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Koil Energy names Mads Andersen to board, Kurt Keller as CFO","bullets":["Mads Andersen, CEO of Norway-based Aibel ASA (5,000 employees, $1.5B revenue), joins board as independent director; receives $20K cash, $30K RSU, 50,000 options.","Kurt Keller appointed CFO effective April 22; base salary $250K, eligible for annual bonus based on board-set objectives; granted 80,000 restricted shares and 160,000 options (3-year vest).","Keller's employment agreement includes severance of 6 months salary + pro-rata bonus, change-of-control acceleration, and gross-up for excise taxes.","Keller has 20+ years scaling businesses from $20M to $100M; prior CFO roles at PurgeRite, SunGrid, Mantis Innovation, Navasota Energy; holds CFA and CMA."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-002821","json":"https://secwatch.observer/filing/0001683168-25-002821.json","markdown":"https://secwatch.observer/filing/0001683168-25-002821.md","text":"https://secwatch.observer/filing/0001683168-25-002821.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1110607/000168316825002821/0001683168-25-002821-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1110607/000168316825002821/koil_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T05:40:01.036400+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":"3da2cbb7c1","claim":"Mads Andersen was appointed as Director at Koil Energy Solutions, Inc..","evidence_excerpt":"Effective as of April 21, 2025, Mads Andersen, age 59, was appointed to the Board of Directors of Koil Energy Solutions, Inc. (the “Company”) as an independent, non-executive director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1110607/000168316825002821/0001683168-25-002821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7ed771db8c","claim":"Kurt Keller was appointed as Chief Financial Officer at Koil Energy Solutions, Inc..","evidence_excerpt":"On April 21, 2025, the Company announced the appointment of Kurt Keller as the chief financial officer (CFO) of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1110607/000168316825002821/0001683168-25-002821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}