secwatch.observer — SEC 8-K summary
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Issuer:     DMC Global Inc. (BOOM)
CIK:        0000034067
Form:       8-K
Filed at:   2025-03-18T23:59:59+00:00
Accession:  0000034067-25-000069
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DMC Global CFO adopts severance plan with 1x base salary multiple; CIC provides 1x base plus target bonus
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- CFO Eric Walter entered a participation agreement under new Executive Severance Plan effective Feb 26, 2025, replacing prior offer letter severance.
- Non-CIC termination: 1x Base Salary plus any earned but unpaid prior bonus; equity awards get accelerated vesting in certain cases.
- CIC-related termination: 1x Base Salary plus Target Bonus plus pro rata bonus; equity awards accelerate if not assumed in change of control.
- Plan is a top-hat, unfunded ERISA plan for select executives; severance and CIC multiples are each capped at 3x applicable compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34067/000003406725000069/0000034067-25-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34067/000003406725000069/boom-20250313.htm
  HTML page:      https://secwatch.observer/filing/0000034067-25-000069

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