secwatch.observer — SEC 8-K summary
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Issuer:     StoneX Group Inc. (SNEX)
CIK:        0000913760
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0000950103-25-001885
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

StoneX enters employment agreement with Group President Charles Lyon; amends O'Connor's pact
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- Charles Lyon's agreement provides annual base salary, annual bonus (70% cash/30% restricted stock with 25% discount), and LTIP eligibility.
- Severance: 18 months base salary (24 months if terminated within 12 months of Change of Control), plus 1.5x target bonus (2x if Change of Control).
- Non-compete for 1 year post-termination (6 months if terminated without cause within 12 months of Change of Control).
- Sean O'Connor's prior agreement amended effective Feb 11, 2025: no longer eligible for annual bonus or LTIP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913760/000095010325001885/0000950103-25-001885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913760/000095010325001885/dp224819_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-001885

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