573 material Form 8-K filings that 475 companies we cover made with the SEC in December 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Texas Roadhouse's Compensation Committee adjusted 2026 pay for its named executive officers on December 30, 2025, under their existing employment agreements. Jerry Morgan's base salary is $1,475,000, with a target bonus of $1,475,000 and a long-term restricted stock unit award of $11,000,000, and the company says the increases are aligned with its support center compensation targets.
Jerry Morgan 2026 base salary set at $1,475,000 effective January 8, 2026; bonus target $1,475,000, range $0 to $2,950,000
Morgan received a $2,200,000 service-based RSU grant, a $2,200,000 target performance-based RSU grant, and an $11,000,000 long-term RSU grant
Performance-based RSUs tied to 33% EPS growth over fiscal 2025 and pre-tax profits, vesting January 8, 2029
Grants are dated January 8, 2026; most service-based RSUs vest January 8, 2027
Hecla Mining's Senior Vice President and Chief Administrative Officer, Michael L. Clary, ceased that role effective December 31, 2025, and becomes a consultant on January 1, 2026. He signed a separation agreement providing two annual installments of $417,036.43 each in supplemental severance, in exchange for a release and customary covenants.
Michael L. Clary ceased serving as Senior Vice President and Chief Administrative Officer effective December 31, 2025
Employment ends January 1, 2026, with Clary transitioning to a consultant role
Supplemental severance of two annual installments of $417,036.43 each, tied to a release and non-disparagement and confidentiality covenants
Termination is a Qualifying Termination Outside of the Change in Control Period under a Change in Control and Severance Agreement dated June 5, 2025
On December 30, 2025, UHS's Compensation Committee approved an amended and restated employment agreement for CEO and President Marc D. Miller, with the company guaranteeing the employer's obligations. The filing sets his 2026 base salary at $1,575,000, a 5% increase over 2025, and a bonus target of 150% of salary, which shareholders can track through future proxy and compensation disclosures.
2026 base salary set at $1,575,000, a 5% increase over 2025 base salary.
Annual bonus target equals 150% of salary; actual bonus may be higher or lower.
Term scheduled to end January 1, 2029, with automatic one-year renewals unless either party elects otherwise.
Long-term incentive awards vest in full on certain terminations, and the agreement is filed as Exhibit 10.1.
On December 22, 2025, CrowdStrike's independent directors approved a performance-based equity award for President and CEO George Kurtz, with a target of 300,000 performance stock units (PSUs). The payout depends on relative total stockholder return against S&P 500 companies over December 22, 2025 to December 22, 2028, and can range from zero to up to 600,000 shares. For shareholders, the award ties Kurtz's pay to stock performance relative to the index, while the company says it is intended to retain him.
Target award of 300,000 PSUs; no shares are earned if relative TSR falls below the 25th percentile of S&P 500 companies, and up to 600,000 shares are possible at or above the 90th percentile.
Three-year performance period runs from December 22, 2025 to December 22, 2028.
The filing cites a share price of $483.14 and market capitalization of $121.3 billion as of December 22, 2025.
The award is tied to a change-in-control provision and to Kurtz's continued service; the full terms are in Exhibit 10.1.
EchoStar entered a new letter agreement with Hamid Akhavan, tied to his appointment as Chief Executive Officer, effective December 26, 2025. The agreement replaces his October 2, 2023 letter agreement and keeps his base salary and bonus opportunity unchanged. For shareholders, the filing details compensation terms for the new CEO but reports no financial results.
Hamid Akhavan was appointed Chief Executive Officer; the Letter Agreement is effective December 26, 2025.
Base salary and bonus opportunity continue unchanged under the new agreement.
Final tranche of his December 31, 2023 option award would accelerate vesting upon a Qualifying Termination.
The Letter Agreement expires December 31, 2026; future equity awards are at the discretion of the Chairman and Executive Compensation Committee.
CVR Energy's board appointed Mark A. Pytosh as President and Chief Executive Officer effective January 1, 2026, succeeding David L. Lamp, who leaves the role effective December 31, 2025. The board also added Pytosh to its board of directors, expanding it from nine to ten seats, and he will receive no director pay while employed by the company.
Mark A. Pytosh, age 60, appointed President and CEO effective January 1, 2026, replacing David L. Lamp, who ceases as CEO effective December 31, 2025.
Pytosh has been Executive Vice President – Corporate Services since January 2018 and will keep his roles as director and CEO of the general partner of CVR Partners, LP (NYSE: UAN).
Board size increased from nine to ten; Pytosh fills the new seat effective January 1, 2026, without board compensation while employed by the company.
His CEO compensation follows his Employment Agreement dated July 28, 2025, previously disclosed in a July 31, 2025 10-Q filing.
Annaly Capital Management said its Chief Legal Officer, Chief Corporate Officer and Secretary Anthony Green will retire after 16 years with the company. He becomes a Senior Advisor effective January 1, 2026, through March 31, 2026, under a retirement and transition agreement that keeps his base salary, 2025 incentives and equity vesting in place.
Anthony C. Green steps down from Chief Legal Officer, Chief Corporate Officer and Secretary roles effective January 1, 2026
Senior Advisor role runs through March 31, 2026, when he is set to retire
Agreement includes a lump-sum payment equal to three months of base salary and COBRA coverage funding through September 30, 2026, subject to a release of claims
Full agreement is expected to be filed as an exhibit to the 2025 Form 10-K
Autoliv and Chief Financial Officer Fredrik Westin agreed on December 29, 2025, to delay his resignation from January 1, 2026 to March 31, 2026. He stays in the role through that date while the company continues recruiting a successor, and the filing says he will receive his normal compensation through the duration of his employment.
Westin's resignation as CFO and EVP, Finance moves from January 1, 2026 to March 31, 2026.
The change was agreed between Westin and the company on December 29, 2025.
The company says the recruitment of a successor as CFO and EVP, Finance continues.
Under his employment agreement, Westin is entitled to his normal compensation through the duration of his employment.
Comcast entered into a new employment agreement with Michael J. Cavanagh ahead of his appointment as Co-Chief Executive Officer on January 2, 2026, securing his employment through January 1, 2029. The filing also discloses a performance-based restricted stock unit award valued at approximately $35 million, which ties the award's share count to the stock price around the planned Versant spin-off.
Cavanagh's annual base salary is $2,750,000, with a performance-based cash bonus target of 300% of base salary.
Performance-based RSU award valued at approximately $35 million cliff vests after three years.
Award vests for an additional 24 months if Cavanagh resigns for Good Reason or is terminated without Cause.
ServiceNow amended the employment agreement of CEO William R. McDermott and its Executive Severance Policy, both effective January 1, 2026. The amendment says he will remain with the company through at least December 31, 2030, in a CEO, co-CEO, or chairman role, and updates the severance terms he could receive on a qualifying termination. The filing describes these as contract changes and gives no financial results, so shareholders get clearer succession terms and severance terms but no new earnings or guidance.
Amendment dated December 23, 2025 keeps Mr. McDermott in service through at least December 31, 2030.
Upon a qualifying termination within three months before or 12 months after a change in control, the CEO may receive a lump sum of 2 times base salary plus target bonus, 24 months of COBRA benefits, and full vesting of unvested RSUs and PRS
Without a change in control, the CEO may receive one year of base salary in a lump sum, the actual bonus, and 12 months of COBRA benefits.
CooperCompanies appointed Walter M. Rosebrough, Jr. as a director effective January 3, 2026, and joined Browning West, an investment partnership, in a letter agreement with customary standstill and voting commitments. The agreement also commits the company to nominate Mr. Rosebrough at its 2026 annual meeting, to search for one more independent director, and to limit the board to ten directors during the cooperation period.
Mr. Rosebrough joins the board and its Corporate Governance and Nominating Committee effective January 3, 2026, and will receive the same compensation as other non-management directors.
The company agreed to search for one additional independent director, subject to Browning West's approval, and to appoint that person no later than June 30, 2026.
The board agreed to give due and serious consideration to appointing Mr. Rosebrough as Chairman by the end of 2026, according to the press release.
The cooperation period runs until 30 days before the 2027 annual meeting stockholder nomination deadline.
HCI Group's majority-owned subsidiary Exzeo Group signed an employment agreement with Paresh Patel, who is also HCI's chief executive, effective January 1, 2026, with a base salary of $950,000 a year and 12 months of base salary as severance in certain termination cases. Exzeo also awarded Patel a $3,750,000 cash bonus on December 19, 2025, and Patel adopted a trading plan to buy up to 100,000 shares or $2 million of Exzeo common stock.
Employment agreement dated December 9, 2025, effective January 1, 2026, sets a base salary of $950,000 per year
Severance equal to 12 months of base salary, paid over 12 months, applies on termination without cause, for Good Reason, or within 180 days after a Change of Control, in exchange for a release of claims
Exzeo awarded a $3,750,000 cash bonus on December 19, 2025, payable before December 31, 2025
Patel's Rule 10b5-1 plan, entered December 18, 2025, covers purchases of up to 100,000 shares or $2 million of Exzeo common stock and runs to December 18, 2026 at most
Henry Schein said its Board expects to name a successor CEO by mid-January 2026, and Stanley M. Bergman will remain CEO and Chairman until then. The company and Mr. Bergman also signed a letter agreement extending his employment agreement until a new CEO starts or 30 days after he gives written notice that he is ending his employment. For shareholders, the filing signals a leadership transition is near but not yet complete, with no financial results reported.
Board expects to name next CEO by mid-January 2026; search will not be finalized before year-end 2025
Stanley M. Bergman continues as CEO and Chairman until a successor assumes the role
Letter agreement extends Bergman's employment agreement dated November 28, 2022, through the earlier of a new CEO's start date or 30 days after his written notice of departure
BXP amended and restated the employment agreement of CEO and Chairman Owen D. Thomas, extending his term through December 31, 2029, from a previous expiration in December 2026. The company also granted equity awards under a 2025 Outperformance Plan to Mr. Thomas and other senior leaders, which vest only if BXP's dividend-adjusted stock price reaches set levels, and it expects about $11.6 million of related expense in 2026.
Term runs from December 22, 2025 through December 31, 2029; base salary stays at $950,000 and target bonus is $2,350,000
Outperformance Plan grants could total up to 711,864 LTIP Units; Mr. Thomas's grant is 211,864 units at maximum
Awards require a dividend-adjusted stock price of at least $90.00 for 20 consecutive trading days to earn any units; maximum requires $118.00
BXP expects about $32.1 million of OPP compensation expense over four years, including about $11.6 million, or $0.07 per share, in 2026
DexCom's board appointed Jacob S. Leach, its President and Chief Operating Officer, as President and Chief Executive Officer and a director, effective January 1, 2026, when Kevin R. Sayer resigns. Leach has been interim principal executive officer since Sayer's medical leave, and the board expects Sayer to return around March 2026, with Mark Foletta remaining interim Chairman until then.
Leach's offer letter sets an annual base salary of $1,150,000 and a target bonus of 150% of base salary.
Leach is to receive restricted stock units with a fair value of $7,500,000, vesting annually over three years, plus performance stock units with a target fair value of $7,500,000.
The board expects Kevin Sayer to return on or about March 2026; Mark Foletta will serve as interim Chairman until then.
Scholastic appointed Chief Growth Officer Jeffrey Mathews to the additional role of President, Education Solutions, and approved a higher base salary, a larger bonus target and a temporary severance provision for him. The company also approved a $1.5 million special bonus pool tied to two sale/leaseback transactions completed on December 17, 2025, with $400,000 each going to Mathews and CFO Haji Glover.
Base salary rises from $615,000 to $675,000 effective January 1, 2026, and his STIP bonus target rises from 60% to 70% of base salary.
Temporary 12-month severance provision pays 24 months of salary if he resigns due to a compensation downgrade, starting January 1, 2026.
A $1.5 million special bonus pool was approved on December 16, 2025 for executives tied to the two sale/leaseback transactions concluded December 17, 2025; Mathews and CFO Haji Glover each receive $400,000 from it.
Tetra Tech said it appointed Jeffrey R. Feeler and M. Susan Hardwick to its Board of Directors, effective December 29, 2025, expanding the board to eight members. Both are former chief executives and finance executives in the utility and environmental services sectors, and the company says their experience supports its focus on water consulting.
Jeffrey R. Feeler, 56, former Chairman and CEO of US Ecology, joins the Audit and Compensation Committees.
M. Susan Hardwick, 63, former CEO of American Water, joins the Audit and Nominating and Corporate Governance Committees.
Each director receives a $110,000 annual retainer and a $175,000 annual long-term equity award, 60% performance stock units and 40% restricted stock units.
Rexford Industrial's Compensation Committee approved the 2026 executive pay program, which reflects the planned appointment of Chief Operating Officer Laura Clark as chief executive effective April 1, 2026. The filing also states that co-CEOs Michael Frankel and Howard Schwimmer are departing, with separation dated March 31, 2026, and that Clark's equity awards and incentive targets are set higher than those of the other named executives.
Laura Clark becomes CEO effective April 1, 2026, with a 2026 base salary of $850,000 and a cash incentive target of 175% of salary
Michael Frankel and Howard Schwimmer each receive a 2026 base salary of $250,000, a pro rata portion of $1,000,000, paid through March 31, 2026
Clark received time-vesting LTIP units valued at $2,465,000 and performance-vesting LTIP units with a target value of $3,697,500, granted December 19, 2025
2026 cash incentive is weighted 40% Core FFO per diluted share, 30% Same Property Portfolio NOI and 30% qualitative measures
Oceaneering's board appointed Michael W. Sumruld as Senior Vice President and Chief Financial Officer, effective January 1, 2026, succeeding Alan R. Curtis, who is retiring. The board also elected Roger Jenkins, former CEO of Murphy Oil Corporation, as an independent, non-executive director, effective the same day. The filing discloses Sumruld's compensation package and that Curtis will remain in a supporting role during a transition period.
Michael W. Sumruld becomes Senior Vice President and CFO on January 1, 2026, replacing Alan R. Curtis, who retires at the end of 2025.
Sumruld's 2026 annual base salary is $505,000, with a long-term incentive award of $1,515,000 and a 2026 annual bonus target of 90% of base salary.
Roger Jenkins is elected as an independent, non-executive Class III director effective January 1, 2026, with a term extending to the 2028 Annual Meeting of Shareholders.
Sumruld joined Oceaneering in September 2025 as Senior Vice President, Finance, after serving as CFO of Parker Drilling Company.
Zions Bancorporation said Paul Burdiss will retire as president and CEO of its Zions Bank division effective December 31, 2025, and that Nate Callister, currently executive vice president and executive director of commercial banking at Zions Bank, will succeed him. Burdiss has agreed to a consulting arrangement for 2026, and the filing reports no financial results, so the change affects division leadership rather than reported performance.
Paul Burdiss retires as Zions Bank president and CEO effective December 31, 2025; he joined the company in 2015 as executive vice president and chief financial officer.
Nate Callister, currently executive vice president and executive director of commercial banking at Zions Bank, will succeed Burdiss.
Under a Retirement and Consulting Agreement effective December 20, 2025, Burdiss will provide advisory services during 2026 and receive four quarterly payments of $337,582.50 each.
The agreement includes non-compete and non-solicit provisions during the consulting period and up to 12 months of company-paid COBRA premiums.
Impinj amended the employment agreement of CEO Chris Diorio, changing his severance eligibility after certain qualifying terminations, and the Compensation Committee adopted an Executive Change in Control and Severance Policy covering key executives, including CFO Cary Baker and Chief Innovation Officer Cathal Phelan. The filing describes severance terms that would apply only if a qualifying termination occurs, and it does not report any change in officer roles or any financial results.
Diorio's amendment, dated December 19, 2025, provides a lump sum of 200% of base salary and full accelerated vesting of time-based equity awards after a qualifying termination within three months before to 12 months after a change of contro
Outside a change-of-control period, Diorio would receive 12 months of base salary continuation and COBRA reimbursement for up to 12 months.
The CIC Policy provides executives a lump sum of 100% of base salary and 100% of target annual bonus after a qualifying termination within the change-in-control period.
The filing states that neither the employment agreement nor the amendment requires tax gross-up payments to Diorio.
Blackbaud entered into an amended and restated employment agreement with CEO and President Michael Gianoni, dated December 17, 2025, under which he continues in both roles and on the Board. The initial term runs from January 1, 2026 to December 31, 2027, with optional one-year renewals, and the agreement sets out his pay, annual equity awards and severance terms. The filing does not report a change in leadership, but it defines the compensation and severance Gianoni could receive, which shareholders may track.
Base salary remains $800,000 per year, subject to annual increases at the Board's discretion.
Annual equity bonus target is 100% of base salary, with a payout range of zero to 200% of target.
The Company may grant an annual equity award with a target value of $6 million to $12 million, with a payout range of zero to 250% of target.
Severance on termination without cause or for good reason includes 24 months of base salary, subject to a release of claims.
Prudential Financial announced a realignment of its senior business leadership, with leaders of its U.S. businesses, Emerging Markets, the Japan Group and PGIM reporting directly to CEO Andrew Sullivan. Caroline Feeney, global head of Retirement and Insurance, will depart as her position is eliminated in an internal reorganization, and Phil Waldeck will become head of the U.S. businesses effective February 2, 2026.
Caroline Feeney, Executive Vice President and Global Head of Retirement and Insurance, is leaving; her position is being eliminated in an internal reorganization.
Feeney remains in her current role until February 2, 2026, and is expected to stay employed for a short period after that.
Phil Waldeck, head of Multi-Asset and Quantitative Solutions at PGIM, is appointed executive vice president and head of U.S. Businesses effective February 2, 2026.
Leaders of U.S. businesses, Emerging Markets, the Japan Group and PGIM will report directly to CEO Andrew Sullivan.
Fastenal said CEO Daniel Florness will step out of the role on July 16, 2026, and resign from the Board on the same date, with no disagreement with the company or Board cited. The Board appointed President and Chief Sales Officer Jeffery M. Watts as his successor, and Florness will serve as a Strategic Advisor until early 2028 to support the transition.
Florness will step out as CEO and leave the Board effective July 16, 2026, and told the Board of the decision on December 19, 2025.
Watts, currently President and Chief Sales Officer, was appointed CEO on December 19, 2025, effective July 16, 2026.
Florness is expected to serve as a Strategic Advisor to the new CEO until early 2028, with compensation to be set by the Compensation Committee in 2026.
Florness will keep his current CEO pay through 2026; Watts is expected to join the Board after shareholders re-elect Florness at the next annual meeting.
Coty's board appointed Markus Strobel, a former Procter & Gamble executive, as Executive Chairman and Interim CEO effective January 1, 2026. Sue Nabi will leave the CEO role on December 31, 2025, and Peter Harf resigns as chairman on the same date, so the leadership transition affects shareholders directly.
Markus Strobel becomes Executive Chairman and Interim CEO effective January 1, 2026, with a base salary of $1,250,000 that drops to $1,000,000 once he is no longer interim CEO.
Sue Nabi ceases to be CEO effective December 31, 2025, and receives a lump sum of approximately $1,741,575 in lieu of notice, with about 2,083,333 restricted stock units vesting on January 2, 2026.
Peter Harf resigns as Chairman and director effective December 31, 2025, after serving as chairman since 2020.
Patricia Capel joins the board effective January 1, 2026, and the Remuneration and Nomination Committee on the same date.
Acadia Realty Trust said it will appoint David Buell as Chief Accounting Officer effective January 5, 2026, succeeding Richard Hartmann, who will stay with the company as Senior Vice President, Strategic Initiatives. The filing discloses Buell's $375,000 base salary and equity and cash awards, but it does not report any change to the company's financial results or outlook.
Buell, 44, most recently served as Senior Vice President and Chief Accounting Officer of Kite Realty Group Trust from 2018 to 2025.
Buell's pay includes a $375,000 annual base salary, a one-time $500,000 equity award with five-year cliff vesting, and a signing award of up to $245,000 in cash and up to $245,000 in equity.
Hartmann has been with the company since 1997 and Chief Accounting Officer since 2012.
Axalta approved cash retention bonuses for certain employees, including three named executive officers, in connection with its pending all-stock merger with AkzoNobel announced November 18, 2025. The bonuses vest six months after the merger closes, subject to continued employment, so they are designed to keep key executives through the transaction.
CFO Carl D. Anderson II's retention bonus is $1,360,009, approved December 15, 2025
Hadi H. Awada (President, Global Mobility Coatings) has a bonus of $1,040,130
Troy D. Weaver (President, Global Refinish) has a bonus of $1,084,837; bonuses vest six months after the merger closing date
Comfort Systems USA said Trent McKenna will move from Executive Vice President and Chief Operating Officer to President and Chief Operating Officer effective January 1, 2026, with Brian E. Lane remaining Chief Executive Officer. General Counsel Laura F. Howell will retire effective December 31, 2025, and Rachel R. Eslicker will succeed her, so shareholders should note a senior management and legal leadership change at year-end.
McKenna's new base salary is $850,000, with a target bonus of 115% of base salary.
His long-term incentive award has a grant date value equal to 400% of base salary, split between time-vesting and performance-vesting restricted stock units.
Howell retires as Senior Vice President, General Counsel and Secretary effective December 31, 2025, and will serve as a Senior Executive Advisor in 2026.
Rachel R. Eslicker, Associate General Counsel since January 2023, has been appointed to succeed Howell.
Hawkins said its Vice President, General Counsel and Secretary, Richard G. Erstad, intends to retire after 17 years in those roles. He is expected to stop serving as an executive officer on December 28, 2025, as the first step of a planned transition, and to remain an employee until May 2026.
Richard G. Erstad notified the company of his retirement intention on December 17, 2025.
He is expected to cease being an executive officer effective December 28, 2025, the end of the third fiscal quarter.
He is expected to stay on as an employee until May 2026 to support a smooth transition.
The filing does not name a successor or describe financial effects.
Peabody Energy's board has started an active search for a successor to CEO James Grech, who is approaching retirement eligibility. Under a Transition and Consulting Agreement effective December 17, 2025, Grech stays as CEO until May 15, 2028, then serves in an advisory role until May 15, 2030, which gives shareholders a defined leadership handover timeline.
Grech remains CEO until the Transition Date of May 15, 2028, and is expected to stay on the board until then.
After the transition, Grech will serve in an advisory capacity until May 15, 2030, at a consulting fee of $1,500,000 per year.
The company says the agreement is part of succession planning and not the result of any disagreement over operations, policies or practices.
AEP's Board granted Chair, President and CEO William J. Fehrman a special equity award on December 18, 2025, as part of its retention strategy and to further align his pay with company performance. The award totals $15 million: $10 million in performance shares and $5 million in restricted stock units, both tied to continued employment through December 31, 2030.
Performance shares worth $10,000,000 vest after continued employment through December 31, 2030, based on five years of average relative total shareholder return.
Performance score ranges from 0% to 200%, based on rTSR between the 20th and 80th percentiles against peers.
Restricted stock units worth $5,000,000 vest on December 31, 2030, subject to continued employment.
Axos Financial disclosed that David Park informed the company on December 15, 2025 of his resignation as President, Head of Commercial Bank at Axos Bank, a subsidiary, effective at a later date not specified in the filing. The company said the resignation was not due to any disagreement on any matter relating to the company.
David Park notified Axos Financial of his resignation on December 15, 2025.
His role is President, Head of Commercial Bank at Axos Bank, a subsidiary of the company.
The filing states no disagreement with the company led to the resignation.
The filing does not give an effective date or name a successor.
Shift4 Payments said Executive Chairman Jared Isaacman resigned from the board after being sworn in as NASA Administrator on December 18, 2025, and Taylor Lauber was appointed Chairman. Isaacman's agreement with the U.S. Office of Government Ethics also calls for him to vote about 25% of his affiliated voting power under a letter agreement, and he plans to collapse the company's Up-C structure within 60 days, which would end the company's status as a controlled company under NYSE rules.
Isaacman was sworn in as NASA's 15th Administrator on December 18, 2025, after a Senate confirmation vote on December 17, 2025.
Taylor Lauber was appointed Chairman of the Board, effective upon Isaacman's confirmation.
Isaacman has represented he intends to convert his equity units and Class B and Class C shares into Class A shares and terminate the Tax Receivable Agreement within 60 days.
Shift4 will no longer be a controlled company under NYSE governance standards as a result of these transactions.
On December 16, 2025, Teledyne's board approved a new employment agreement for Executive Chairman Robert Mehrabian, running through December 31, 2028, and raised the base salary of President and CEO George Bobb to $1.0 million from January 1, 2026. The board also approved revised bylaws that would let holders of at least 25% of the voting power call a special stockholder meeting, but these take effect only if stockholders approve a related charter amendment at the 2026 annual meeting.
Mehrabian base salary set at $1.3 million effective January 1, 2026, plus a one-time $3.3 million special retention restricted stock award in 2026
Bobb base salary set at $1.0 million effective January 1, 2026, with a 130% annual incentive target and a 140% performance plan target
Revised Sixth Amended and Restated Bylaws allow holders of at least 25% of voting power to call a special meeting, contingent on stockholder approval at the 2026 annual meeting
Phibro Animal Health said CEO and President Jack Bendheim will resign effective July 1, 2026, and become Executive Chairman while remaining Chairman of the Board. Executive Vice President Dani Bendheim, Jack Bendheim's son, will become CEO and President on that date, and the company said its Board unanimously supports the transition.
Jack Bendheim resigns as CEO and President effective July 1, 2026, and takes the role of Executive Chairman
Dani Bendheim, 53, Executive Vice President, Corporate Strategy and a company employee since 1997, will become CEO and President
Dani Bendheim is the son of Jack Bendheim and the brother of director Jonathan Bendheim; both executives will enter new or amended employment agreements before the effective date
The filing contains no financial results or guidance
Parsons Corporation appointed John T. Martinez as its Chief Legal Officer, effective February 16, 2026, succeeding Michael R. Kolloway, who has held the role since 2017 and plans to retire in the second quarter of 2026. Martinez brings more than 25 years of legal experience, including prior chief legal officer and general counsel roles at Maximus, GE Aerospace and Raytheon Technologies subsidiaries.
John T. Martinez named Chief Legal Officer, effective February 16, 2026
Predecessor Michael R. Kolloway has served as CLO since 2017 and will remain as an advisor until retirement in Q2 2026
Martinez previously served as chief legal officer and corporate secretary at Maximus, Inc. and vice president and general counsel at GE Aerospace
Sprinklr's Board appointed Michele Meyers as Chief Accounting Officer and principal accounting officer, effective January 5, 2026, and the company announced the appointment in a December 18, 2025 press release. CFO Anthony Coletta remains the principal financial officer. The filing sets out her pay package, including a $380,000 base salary and a $2,000,000 restricted stock unit award, which matters to shareholders as a change in the leader of the company's accounting function.
Board appointed Meyers on December 12, 2025; her start date is January 5, 2026.
Initial base salary of $380,000, target bonus of 40% of base salary, and one-time $220,000 signing bonus.
RSU award with $2,000,000 aggregate grant date fair value; first vesting on March 15, 2027, with the remainder vesting in installments through March 15 of later years.
Meyers has been Vice President, Accounting and Chief Accounting Officer at Coursera since March 2022 and will remain there through January 2, 2026.
Marathon Petroleum said Maria A. Khoury, a former CFO at Danaher's life sciences unit and GE units, will become executive vice president and chief financial officer on January 19, 2026, succeeding John J. Quaid, who will stay with the company in a transition role. The filing gives her $800,000 base salary, a target bonus of 100% of salary, and a 2026 long-term incentive target of $2,400,000, which shareholders may track as part of executive pay.
Maria A. Khoury becomes executive vice president and CFO effective January 19, 2026
Base salary of $800,000 with a target annual bonus equal to 100% of salary
2026 long-term incentive target award of $2,400,000 and a one-time restricted stock unit grant valued at $275,000
John J. Quaid ceases to be CFO on the effective date and will remain in a non-executive transition role
Performance Food Group announced that Chairman and CEO George Holm will retire as CEO effective January 1, 2026, and become Executive Chair. President and COO Scott McPherson will succeed him as CEO and join the board on the same date. The filing describes the change as a planned succession process, with no financial results disclosed.
Scott McPherson, 55, becomes CEO and President and joins the board of 14 directors effective January 1, 2026, up from 13
George Holm becomes Executive Chair; his fiscal 2026 salary is reduced to $600,000 for the remainder of the year
McPherson's base salary rises to $1 million, with a 150% annual cash incentive target and a $6 million long-term equity target
McPherson receives a $1,750,000 equity grant on January 1, 2026, 60% performance shares tied to relative total shareholder return and 40% time-based restricted stock
Helix Energy Solutions Group said CEO and board member Owen Kratz has told the board he intends to retire. He will stay in the CEO role until the board appoints a successor, and the company says it is focused on continuity and a smooth transition. The filing gives no financial results or guidance, so the main shareholder impact is the pending change in top leadership.
Owen Kratz informed the board on December 17, 2025 of his intention to retire as President and CEO.
Kratz will continue as CEO until the board appoints a successor.
Kratz joined Helix (then Cal Dive International) in 1984 and was first appointed CEO in 1997.
Board Chairman Bill Transier said the board is seeking a next CEO with proven experience as a global business leader.
Essential Properties Realty Trust announced that Robert W. Salisbury, CFA, will become Executive Vice President and Chief Financial Officer effective January 1, 2026, replacing Mark E. Patten, who resigns effective December 31, 2025. Salisbury has been a Senior Vice President in the company's finance department since 2023, leading capital markets and investor relations, so the change moves an internal executive into the top finance role.
Robert W. Salisbury, CFA, 43, named EVP and CFO effective January 1, 2026
Mark E. Patten resigns as CFO effective December 31, 2025, to pursue a new professional opportunity
Company states Patten's departure is not due to any disagreement on accounting, disclosure or internal controls
Salisbury's compensation as CFO will be determined at a later time
Delta announced that Glen Hauenstein, its President, will retire effective February 28, 2026. Joe Esposito, a 35-year Delta veteran, was named E.V.P. and Chief Commercial Officer, overseeing network planning, revenue management, sales and loyalty. The filing reports no financial figures, but it marks a leadership change in Delta's commercial functions.
Glen Hauenstein, Delta's President, retires effective February 28, 2026
Joe Esposito, a 35-year Delta veteran, named E.V.P. and Chief Commercial Officer
Esposito oversees network planning, revenue management, sales and loyalty
Hauenstein will serve as a strategic advisor through the end of next year
Fulton Financial said its president, Angela Snyder, will retire December 31, 2025, and that Chairman and CEO Curtis Myers will also take on the title of president from January 1, 2026. Snyder will serve as a consultant through December 31, 2026 for a $600,000 lump-sum fee, and will remain a director of Fulton Bank. The changes consolidate top leadership roles under one executive.
Angela Snyder retires as president effective December 31, 2025, and enters a consulting agreement running January 1 to December 31, 2026
Snyder receives a $600,000 lump-sum payment on or about January 1, 2026, plus reasonable expense reimbursement
Curtis Myers, 57, becomes Chairman, Chief Executive Officer and President of Fulton and Fulton Bank effective January 1, 2026
Five9 said its board appointed Amit Mathradas as chief executive officer and Class III director, effective February 2, 2026, and Michael Burkland will stop serving as CEO on that date. Burkland will remain on the board under his July 31, 2025 employment transition agreement. The filing sets out Mathradas' pay package, including a $600,000 base salary, a $12.5 million RSU award and a $14.0 million target PRSU award, which matters to shareholders as the terms of a CEO change.
Amit Mathradas becomes CEO and a Class III director effective February 2, 2026, with his term expiring at the 2026 annual meeting
Michael Burkland stops serving as CEO on the effective date and continues on the board under his July 31, 2025 transition agreement
Offer letter dated December 15, 2025 provides a $600,000 base salary, a target bonus of 100% of base salary, and a $550,000 sign-on bonus
Equity grants include a $12.5 million RSU award and a $14.0 million target PRSU award tied to relative total stockholder return
Founder Alfred P. West, Jr. resigned as a director and officer of SEI Investments effective January 1, 2026, and will serve as non-voting Chairman Emeritus. Independent director Carl Guarino will become non-executive Chairman, and the board will shrink from nine members to eight. West said his resignation was not due to a disagreement with the company, and the board also declared a $0.52 per share dividend.
West tendered his resignation on December 12, 2025, effective January 1, 2026, and said it was not due to a disagreement on operations, policies or practices.
Carl Guarino, an independent director since 2014, was appointed non-executive Chairman effective upon West's resignation.
The board size will be reduced from nine members to eight, also effective upon West's resignation.
The board declared a $0.52 per share cash dividend on December 12, 2025, with a record date of December 29, 2025 and a payment date of January 12, 2026.
PG&E Corporation and Pacific Gas and Electric Company announced leadership changes approved by their boards on December 11, 2025, effective January 1, 2026. Sumeet Singh will become CEO of the Utility, and Carla Peterman will become President of PG&E Corporation, and the Utility's bylaws were amended to clarify the CEO role.
Sumeet Singh, currently EVP, Operations and COO of the Utility, becomes CEO of Pacific Gas and Electric Company and EVP, Energy Delivery, effective January 1, 2026
Carla Peterman is elected President of PG&E Corporation and EVP, Customer and Corporate Affairs, effective January 1, 2026
Marlene Santos and Jason Glickman take new EVP roles in enterprise transformation and strategy and growth
Utility's Amended and Restated Bylaws took effect December 11, 2025; the filing describes the changes as clarifying and largely non-substantive
Progyny said its President, Michael Sturmer, will leave the company effective December 31, 2025, and the company will not name a successor to the role. Sturmer will serve as a non-employee consultant through December 31, 2026, for an annual advisory fee of $250,000 to help continue projects begun during his tenure.
Sturmer's employment ends December 31, 2025; he receives severance under his December 17, 2021 employment agreement
No successor will be named for the President role; the company cites added Chief Commercial, Technology, Operating and Product Officers
Consulting agreement runs through December 31, 2026 at $250,000 per year
Options remain exercisable longer if he provides services through June 30, 2026
On December 11, 2025, G-III's Compensation Committee approved one-time restricted stock unit awards to a group of key employees identified as its next generation of leaders, including Executive Vice President Jeffrey Goldfarb and Chief Growth and Operations Officer Dana Perlman. The awards cliff-vest after five years, and the filing says the grants are meant to support retention and succession planning.
Jeffrey Goldfarb's award has a grant date value of $5,000,000; Dana Perlman's has a value of $2,000,000
Awards were sized using the December 12, 2025 closing price of the common stock and are subject to rounding down to whole shares
Awards cliff-vest 100% on the fifth anniversary of grant; named executive officers Morris Goldfarb, Neal Nackman and Sammy Aaron received no award
Sun Communities said Mark E. Patten, formerly CFO of Essential Properties Realty Trust, will become its Chief Financial Officer, Executive Vice President, Secretary and Treasurer on January 5, 2026, succeeding Fernando Castro-Caratini. The filing also details compensation for Patten and transition agreements for Castro-Caratini and former CEO Gary A. Shiffman, whose transition terms include equity vesting and monthly consulting pay.
Mark E. Patten's base salary is $600,000, with a target annual bonus of 100% of base salary and a 2026 bonus of not less than target.
Patten's package includes a retention restricted stock grant with a target value of $3.5 million, a retention cash bonus of up to $2.3 million, relocation benefits of $100,000, and a 2026 restricted share grant with a target value of $2.0 m
Castro-Caratini will serve as a Senior Adviser through June 30, 2026 at $45,833 per month, and 35,200 restricted shares vest on December 30, 2025.
Shiffman, who retired as CEO effective October 1, 2025, will serve as a Senior Adviser through March 31, 2026 at $75,000 per month, and 118,000 restricted shares vest on January 2, 2026.
Alliant Energy's Wisconsin Power and Light unit said its president, David A. de Leon, plans to retire after 39 years of service, with retirement on or about July 1, 2026. Rebecca Cameron Valcq, formerly chair of the Public Service Commission of Wisconsin, was named WPL president effective January 5, 2026. The change is a planned leadership transition at a regulated utility subsidiary and does not include any reported financial impact.
David A. de Leon informed the company on December 10, 2025 that he intends to retire after 39 years of service
De Leon stays on as Senior Vice President of Alliant Energy, IPL and WPL from January 5, 2026 until retirement on or about July 1, 2026
Rebecca Cameron Valcq, 50, appointed WPL president effective January 5, 2026 and also named Vice President of Alliant Energy and IPL
Valcq chaired the Public Service Commission of Wisconsin from 2019 to 2024
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