secwatch.observer — SEC 8-K summary
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Issuer:     GIBRALTAR INDUSTRIES, INC. (ROCK)
CIK:        0000912562
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0000912562-22-000041
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO Patrick M. Burns to depart Gibraltar Industries effective Dec 30, 2022
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- Mutually agreed departure; COO responsibilities reallocated among existing management team.
- Receives base salary of $574,137.50 paid over 15 months as severance.
- Eligible for 2022 MICP incentive payout when paid to other employees.
- Company subsidizes 80% of medical COBRA premium through Mar 31, 2024.
- Subject to 12-month non-compete, non-solicitation, and confidentiality covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912562/000091256222000041/0000912562-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912562/000091256222000041/rock-20221205.htm
  HTML page:      https://secwatch.observer/filing/0000912562-22-000041

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