secwatch.observer — SEC 8-K summary
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Issuer:     PROKIDNEY CORP. (PROK)
CIK:        0001850270
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0000950170-23-000923
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProKidney Corp adopts new Short Term Incentive Performance Plan effective January 16, 2023
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- Cash bonus plan for all regular employees; target award as a percentage of base salary (up to 150% maximum).
- Awards based on corporate goals set by Board/Compensation Committee and individual performance evaluation.
- Eligibility: hired on or before September 30 of the plan year; must be employed through payment date.
- Plan includes proration for mid-year hires, promotions, leaves over 90 days, retirement, and death.
- Forfeiture/recoupment provisions for violations of company policies or agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1850270/000095017023000923/0000950170-23-000923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1850270/000095017023000923/prok-20230117.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000923

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