secwatch.observer — SEC 8-K summary
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Issuer:     CATO CORP (CATO)
CIK:        0000018255
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0000018255-22-000003
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cato Corp announces CFO retirement; Chuck Knight to succeed John Howe on Jan 17, 2022
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- John R. Howe retires as EVP/CFO after 35 years, effective Jan 17, 2022; will assist transition through May 1, 2022.
- Successor Chuck Knight appointed EVP/CFO; previously CFO of Vitamin Shoppe and corporate controller at Toys "R" Us.
- Knight's initial base salary $400K; eligible for performance bonus up to 60% of base salary for FY2022.
- Equity grants up to 60% of base salary under 2018 Incentive Compensation Plan, vesting over 5 years.
- One-time relocation allowance of $30,000 plus moving and temporary housing for relocation to Charlotte, NC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18255/000001825522000003/0000018255-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18255/000001825522000003/cato8k3qtr2021.htm
  HTML page:      https://secwatch.observer/filing/0000018255-22-000003

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