secwatch.observer — SEC 8-K summary
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Issuer:     TYSON FOODS, INC. (TSN)
CIK:        0000100493
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0000100493-23-000007
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Tyson Foods EVP & CTO Scott Spradley departs; IT team assumes duties
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- Scott Spradley left the role of EVP, Chief Technology and Automation Officer on Jan 9, 2023.
- Responsibilities to be absorbed by existing members of the Information Technology team.
- Spradley eligible for severance: $1.4M (2x base salary paid over 24 months), plus $211,538 prorated bonus.
- Accelerated vesting of equity valued at ~$1.717M (restricted stock, stock options, performance awards).
- Separation agreement includes release of claims and reaffirmation of restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100493/000010049323000007/0000100493-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100493/000010049323000007/tsn-20230109.htm
  HTML page:      https://secwatch.observer/filing/0000100493-23-000007

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