secwatch.observer — SEC 8-K summary
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Issuer:     DLH Holdings Corp. (DLHC)
CIK:        0000785557
Form:       8-K
Filed at:   2022-10-06T23:59:59+00:00
Accession:  0000785557-22-000032
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DLH enters new 3-year CEO employment agreement with Zachary Parker
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- Base salary $675k/yr, rising to at least $725k (yr 2) and $750k (yr 3) if performance targets met.
- Target annual bonus 100% of base salary; long-term incentive equity awards up to 200-250% of base.
- Severance: 24 months base salary if terminated without cause or for good reason; change-in-control triggers 2.5x base.
- Agreement effective Oct 1, 2022, expires Sep 30, 2025; includes non-compete and non-solicitation clauses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785557/000078555722000032/0000785557-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785557/000078555722000032/dlhc-20221003.htm
  HTML page:      https://secwatch.observer/filing/0000785557-22-000032

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