secwatch.observer — SEC 8-K summary
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Issuer:     UNITED COMMUNITY BANKS INC (UCB)
CIK:        0000857855
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0000857855-25-000015
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Community Banks enters employment agreement with Chief Banking Officer Bradshaw
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- Base salary of no less than $675,000; annual cash incentive target at least 100% of base salary.
- Long-term incentive target of at least 125% of base salary with retirement vesting provisions after age 67.
- One-year term automatically renews annually unless notice of nonrenewal given; change-in-control agreement supersedes.
- Severance on termination without cause or for good reason: 1.5x base salary + target incentive + 18 months COBRA.
- Restrictive covenants include perpetual confidentiality, mutual non-disparagement, and one/two-year non-solicit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/857855/000085785525000015/0000857855-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/857855/000085785525000015/ucbi-20250210.htm
  HTML page:      https://secwatch.observer/filing/0000857855-25-000015

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