{"schema_version":"secwatch.filing_event.v1","accession":"0001826000-22-000119","form_type":"8-K","ticker":"LTCH","cik":"0001826000","company_name":"Latch, Inc.","filed_at":"2022-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.418284+00:00","generated_at":"2026-06-21T09:45:47.630235+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Latch enters severance agreement with Interim CFO Barry Schaeffer","bullets":["Agreement effective Dec 2, 2022, one-year term; provides severance if terminated without cause during term.","Without-cause severance: cash equal to one-half base salary plus annualized CFO bonus (approx. $448K currently).","Change-in-control termination: cash equal to 1x (base salary + CFO bonus + annual target bonus), 12 months COBRA, and 50% equity acceleration.","Receipt of benefits requires signing a release and compliance with restrictive covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001826000-22-000119","json":"https://secwatch.observer/filing/0001826000-22-000119.json","markdown":"https://secwatch.observer/filing/0001826000-22-000119.md","text":"https://secwatch.observer/filing/0001826000-22-000119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826000/000182600022000119/0001826000-22-000119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826000/000182600022000119/lat-20221202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T09:45:47.630235+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"}