---
schema_version: "secwatch.filing_event.v1"
accession: "0000029644-23-000024"
form_type: "8-K"
ticker: "DCI"
cik: "0000029644"
company_name: "DONALDSON Co INC"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:47:02.919524+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Donaldson adopts management change-in-control severance plan effective Feb 1, 2023

## Summary
- Plan replaces individual executive agreements; benefits are substantially the same.
- Double-trigger: lump sum cash payment of 2x (3x for CEO) base salary plus target annual incentive.
- Continued medical, dental, and other benefits for up to 3 years; outplacement services included.
- Plan adds requirement for executive to execute a release of claims to receive benefits.
- Restrictive covenants on confidentiality and non-disclosure are conditions of eligibility.

## SEC filing metadata
- accession: 0000029644-23-000024
- form_type: 8-K
- ticker: DCI
- cik: 0000029644
- company_name: DONALDSON Co INC
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29644/000002964423000024/0000029644-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29644/000002964423000024/dci-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029644-23-000024
- JSON: https://secwatch.observer/filing/0000029644-23-000024.json
- Plain text: https://secwatch.observer/filing/0000029644-23-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.