---
schema_version: "secwatch.filing_event.v1"
accession: "0000939930-24-000086"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:30:31.066011+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pyxus adopts Executive Severance Plan for CEO and officers with 2x/1.5x multiples

## Summary
- CEO Severance Multiplier 2x; other executives 1.5x base salary plus target bonus.
- Triggered by termination without Cause or for Good Reason; requires signed release and non-solicitation.
- Within 12 months post-Change in Control, CEO gets 2x target bonus, others 1.5x.
- Plan benefits reduce by any other severance amounts from agreements or statute.

## SEC filing metadata
- accession: 0000939930-24-000086
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000093993024000086/0000939930-24-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000093993024000086/pyx-20240612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939930-24-000086
- JSON: https://secwatch.observer/filing/0000939930-24-000086.json
- Plain text: https://secwatch.observer/filing/0000939930-24-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.