Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · SL Green Realty (SLG)

SL Green amends CEO Marc Holliday's employment agreement, changes change-in-control terms

Neutral Impact 4 of 5 leadership Written later

SL Green Realty amended the employment agreement with CEO Marc Holliday on June 24, 2025. The amendment states that his $5,000,000 annual time-based award is not guaranteed and will be set by the Compensation Committee based on prior-year performance, and removes formulaic cash payments after a change in control.

Key points

  • Amendment dated June 24, 2025, filed as Exhibit 10.1
  • $5,000,000 annual time-based award is not guaranteed; value set by Compensation Committee based on prior-year performance
  • Eliminates formulaic cash payments after a change in control in lieu of base salary, annual bonus and equity entitlements
  • A diminution in compensation after a change in control would constitute good reason

The filing

CompanySL Green Realty (SLG)
Form8-K, current report
Filed with the SECJun 24, 2025, 4:57 PM ET
Accession number0001104659-25-062150

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits 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 June 24, 2025.

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