secwatch.observer — SEC 8-K summary
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Issuer:     Dayforce, Inc. (—)
CIK:        0001725057
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0000950170-23-005596
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ceridian HCM announces executive compensation changes, 2023 incentive plan, and bylaw amendments
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- Christopher R. Armstrong's short-term incentive target increased from 60% to 80% of base salary.
- Board approved 2023 Management Incentive Plan with performance goals: Cloud Revenue, Adjusted EBITDA, Sales PEPM ACV.
- Board amended bylaws to update universal proxy rules and stockholder proposal procedures.
- Stephen H. Holdridge appointed President, Customer and Revenue Operations with amended employment agreement.
- Equity awards granted: Ossip and Turner each receive $5M RSUs and $7M PSUs; others also receive awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725057/000095017023005596/0000950170-23-005596-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725057/000095017023005596/cday-20230227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-005596

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