secwatch.observer — SEC 8-K summary
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Issuer:     EQUIFAX INC (EFX)
CIK:        0000033185
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000033185-22-000045
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Equifax grants CEO Mark Begor special $25M equity award tied to TSR and retention through 2025
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- Award consists of 60% performance shares (TSR vs S&P 500), 20% premium-priced stock options (110% & 120% of FMV), and 20% time-based RSUs.
- All components cliff vest on Dec 31, 2025, concurrent with CEO's employment term.
- 80% of the award is performance-based; $25M grant date fair value based on benchmarking against peers.
- Since Begor became CEO in 2018, market cap grew from $14B to $26B, TSR 83.4% vs S&P 500 66.8%, revenue CAGR 13%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33185/000003318522000045/0000033185-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33185/000003318522000045/efx-20220729.htm
  HTML page:      https://secwatch.observer/filing/0000033185-22-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer