{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-25-000197","form_type":"8-K","ticker":"XPON","cik":"0001894954","company_name":"Expion360 Inc.","filed_at":"2025-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.403621+00:00","generated_at":"2026-05-23T15:01:32.999316+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Expion360 adopts 2025 incentive plan with cash bonuses linked to net sales, UL certification, JV milestones","bullets":["Net sales targets: $15M, $20M, $25M trigger cash bonus payments of 5% of base salary each for CEO, President, COO.","Joint venture completion pays CEO $100K, President $100K, COO $50K upon definitive agreement and initial funding.","Financial reporting objectives (timely SEC filings, clean audit) earn 10% of base salary for CEO.","Operational efficiency projects (CRM, app, software, security) earn 2.5% each for COO; UL certification earns 10% for President and COO.","Bonuses require maintaining minimum cash balance; executives may elect RSUs instead of cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-25-000197","json":"https://secwatch.observer/filing/0001903596-25-000197.json","markdown":"https://secwatch.observer/filing/0001903596-25-000197.md","text":"https://secwatch.observer/filing/0001903596-25-000197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1894954/000190359625000197/0001903596-25-000197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1894954/000190359625000197/xpon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T15:01:32.999316+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"}