secwatch.observer — SEC 8-K summary
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Issuer:     Mediaco Holding Inc. (MDIA)
CIK:        0001784254
Form:       8-K
Filed at:   2024-09-23T23:59:59+00:00
Accession:  0000929638-24-003206
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

MediaCo approves $3M in equity grants to three executives; Rodriguez gets new employment agreement
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- Equity grants of $1M each to COO Brian Kei, CRO Alberto Rodriguez, and CLO Andrew Carington, contingent on stockholder approval of new equity plan.
- Rodriguez's new employment includes $700k base salary, $525k target annual cash incentive, and 5-month severance if terminated without cause.
- Carington to serve via employee lease agreement with Standard Media starting Oct 1, 2024; base salary $300k and target cash incentive of 50% of base.
- Kei's $1M equity grant vests 50% ratably over 3 years and 50% based on performance as determined by the Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784254/000092963824003206/0000929638-24-003206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784254/000092963824003206/a8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-24-003206

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