secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K/A
Filed at:   2022-06-09T23:59:59+00:00
Accession:  0000950170-22-011392
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ex-Kirby distribution president Reniers gets $145,891 bonus, $157,906 award in separation
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- Joseph H. Reniers resigned as President – Kirby Distribution & Services, effective May 20, 2022.
- Separation Agreement includes $145,891 (5 months' 2022 target bonus) and $157,906 (prorated 2020-2022 cash performance award).
- Enhanced Transition Assistance offers monthly $40,833.33 from June 2022 to May 2023 plus $500,000 one-time payment in June 2023.
- Payments conditioned on non-compete, non-solicit, non-disclosure, cooperation, and release of claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017022011392/0000950170-22-011392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017022011392/kex-20220520.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-011392

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