{"schema_version":"secwatch.filing_event.v1","accession":"0001728951-25-000064","form_type":"8-K","ticker":"EPRT","cik":"0001728951","company_name":"ESSENTIAL PROPERTIES REALTY TRUST, INC.","filed_at":"2025-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.642964+00:00","generated_at":"2026-05-24T03:10:49.976357+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Essential Properties Realty Trust enters employment agreements with COO and CIO through 2028","bullets":["COO R. Max Jenkins and CIO A Joseph Peil each receive $385K base salary and minimum target annual bonus of 125% of base salary.","Initial term through March 24, 2028, with automatic one-year extensions unless either party gives 60-day non-renewal notice.","Severance includes 1x (base + avg bonus) for non-CIC termination; 2x (base + target bonus) for termination within 24 months after change in control.","Equity awards granted after March 24, 2025 will accelerate vesting upon qualifying termination.","Employment agreements include 6-month non-compete and non-solicitation covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001728951-25-000064","json":"https://secwatch.observer/filing/0001728951-25-000064.json","markdown":"https://secwatch.observer/filing/0001728951-25-000064.md","text":"https://secwatch.observer/filing/0001728951-25-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728951/000172895125000064/0001728951-25-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728951/000172895125000064/eprt-20250324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T03:10:49.976357+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"}