{"schema_version":"secwatch.filing_event.v1","accession":"0001845437-23-000014","form_type":"8-K","ticker":"NPWR","cik":"0001845437","company_name":"NET Power Inc.","filed_at":"2023-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.708232+00:00","generated_at":"2026-06-11T03:39:09.192921+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Net Power adopts Executive Severance Plan with 1x to 1.5x severance multiples","bullets":["Board adopted severance plan on Aug 21, 2023; provides cash severance for eligible executives on qualifying termination.","Outside change-in-control: 1x base salary plus average bonus, pro-rata bonus, and 12 months COBRA premium payment.","During change-in-control protection period: 1.5x base salary plus average bonus, pro-rata bonus, and 18 months COBRA.","Plan supersedes all prior individual severance agreements; includes non-compete, non-solicit, and confidentiality covenants.","Severance conditioned on execution of release and continued compliance with restrictive covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001845437-23-000014","json":"https://secwatch.observer/filing/0001845437-23-000014.json","markdown":"https://secwatch.observer/filing/0001845437-23-000014.md","text":"https://secwatch.observer/filing/0001845437-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1845437/000184543723000014/0001845437-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1845437/000184543723000014/npwr-20230821.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T03:39:09.192921+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"}