8-K
filed December 11, 2024, 6:59 PM ET
ticker FMC
CIK 0000037785
leadership
confidence high
sentiment neutral
materiality 0.55
FMC adopts new executive severance plan with 2x-3x multiples for CEO; 7 named officers
FMC CORP
- Plan covers CEO Brondeau (non-CIC multiple 2, CIC multiple 3), CFO Sandifer, President Pereira, and four other EVPs.
- Non-CIC severance: cash = multiple × (base + target bonus) + prorated bonus + $20,000 + healthcare subsidy.
- CIC severance (two-year post-change window): same benefits with higher CIC multiple; Sandifer retains existing CIC agreement.
- Participants must terminate prior severance agreements and sign release with non-competition/non-solicitation covenants.
- Plan effective December 11, 2024; Compensation Committee approved multiples on that date.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0000037785-24-000125
- form_type
- 8-K
- ticker
- FMC
- cik
- 0000037785
- company_name
- FMC CORP
- filed_at
- 2024-12-11T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:10.736207+00:00
- generated_at
- 2026-05-29T04:52:19.251166+00:00
- sec_items
- ["5.02", "9.01"]
- event_type
- leadership
- sentiment
- neutral
- materiality_score
- 0.55
- calibrated_materiality_score
- 0.55
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0000037785-24-000125
- json_url
- https://secwatch.observer/filing/0000037785-24-000125.json
- markdown_url
- https://secwatch.observer/filing/0000037785-24-000125.md
- text_url
- https://secwatch.observer/filing/0000037785-24-000125.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/37785/000003778524000125/0000037785-24-000125-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/37785/000003778524000125/fmc-20241211.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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