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AI brief of an SEC Form 8-K · AdaptHealth (AHCO)

AdaptHealth signs new employment agreement with CTO Albert Prast, base salary $450,000

Neutral Impact 2 of 5 leadership Written later

AdaptHealth Corp. entered into a new employment agreement with Chief Technology Officer Albert Prast on October 30, 2024, superseding his July 24, 2023 agreement. The filing sets a $450,000 base salary, a target bonus of 100% of base salary, and severance terms if he is terminated without cause or resigns for good reason. The filing contains no financial results, and the terms are a routine compensation update for a senior officer.

Key points

  • Base salary of $450,000 with a target annual bonus equal to 100% of base salary
  • Severance on a qualifying termination includes 18 months of base salary continuation and up to 18 months of COBRA health coverage
  • Equity awards eligible from 2025 under the Second Amended and Restated 2019 Stock Incentive Plan
  • Non-compete applies for 18 months after employment ends; non-solicit for 24 months

The filing

CompanyAdaptHealth (AHCO)
Form8-K, current report
Filed with the SECOct 30, 2024, 5:22 PM ET
Accession number0001104659-24-112672

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.