secwatch.observer — SEC 8-K summary
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Issuer:     Simpson Manufacturing Co., Inc. (SSD)
CIK:        0000920371
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0000920371-22-000176
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Simpson Manufacturing sets CEO Mike Olosky's compensation: $800K salary, 100% bonus target, $2.4M LTI
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- Annual base salary of $800,000, subject to annual review after 2023.
- 2023 bonus target of 100% of base salary under EOCPS plan, max 200% of target.
- Long-term incentive target of $2.4 million for 2023, mix of RSUs and PSUs.
- PSU vesting based on revenue growth and ROIC goals; payout 0%-200% of target.
- Mr. Olosky becomes CEO effective January 1, 2023, succeeding Karen Colonias.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/920371/000092037122000176/0000920371-22-000176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920371/000092037122000176/ssd-20221214.htm
  HTML page:      https://secwatch.observer/filing/0000920371-22-000176

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