secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2022-07-11T23:59:59+00:00
Accession:  0000950170-22-012594
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shoe Carnival enters employment agreement with CAO Patrick Edwards; base salary $250K
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- Initial term through June 30, 2023, with automatic one-year renewals unless notice given.
- Base salary of $250,000 per year, subject to periodic review and adjustment.
- Severance of 100% base salary plus 12x COBRA on termination without cause or for good reason (non-CIC).
- On termination within 2 years after a change in control, severance increases to 150% base salary plus 18x COBRA.
- Non-competition, non-solicitation, and non-disparagement covenants apply during employment and for 12 months after termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000095017022012594/0000950170-22-012594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000095017022012594/scvl-20220707.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-012594

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