secwatch.observer — SEC 8-K summary
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Issuer:     DYNEX CAPITAL INC (DX)
CIK:        0000826675
Form:       8-K
Filed at:   2022-07-18T23:59:59+00:00
Accession:  0000826675-22-000025
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynex Capital: Robert Colligan named CFO effective Aug 5; Benedetti steps down after 28 years
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- Robert S. Colligan appointed EVP, CFO, and Secretary effective August 5, 2022, succeeding Stephen J. Benedetti.
- Benedetti steps down from officer roles but remains through Aug 31, 2022 for transition; receives severance per Employment Agreement.
- Colligan previously served as CFO of Chimera Investment Corporation (2013-2021) and is a CPA.
- Employment agreement: $500,000 base salary, minimum target annual cash incentive of 150% of base, LTIP target of $652,500.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826675/000082667522000025/0000826675-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826675/000082667522000025/dx-20220715.htm
  HTML page:      https://secwatch.observer/filing/0000826675-22-000025

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