---
schema_version: "secwatch.filing_event.v1"
accession: "0000090168-22-000024"
form_type: "8-K"
ticker: "SIF"
cik: "0000090168"
company_name: "SIFCO INDUSTRIES INC"
filed_at: "2022-06-29T23:59:59+00:00"
generated_at: "2026-06-24T22:31:47.451568+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SIFCO CEO Knapper gets new change-in-control agreement with 2x salary severance

## Summary
- New change-in-control & severance agreement with CEO Peter Knapper effective June 29, 2022, replacing 2019 agreement.
- On qualifying termination: lump-sum payment equal to 2.0 times annual salary plus 24-month benefit continuation.
- Long-term stock incentive awards vest pro-rata upon a qualifying termination.
- Agreement has no Section 280G gross-up; payments may be reduced to avoid excise taxes.
- Term: CIC-related obligations expire 2 years after change in control; non-CIC severance expires after 3 years.

## SEC filing metadata
- accession: 0000090168-22-000024
- form_type: 8-K
- ticker: SIF
- cik: 0000090168
- company_name: SIFCO INDUSTRIES INC
- filed_at: 2022-06-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90168/000009016822000024/0000090168-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90168/000009016822000024/sif-20220629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000090168-22-000024
- JSON: https://secwatch.observer/filing/0000090168-22-000024.json
- Plain text: https://secwatch.observer/filing/0000090168-22-000024.txt

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