secwatch.observer — SEC 8-K summary
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Issuer:     GoodRx Holdings, Inc. (GDRX)
CIK:        0001809519
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0000950170-23-026067
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoodRx enters $500k retention bonus agreement with COO Raj Beri
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- COO Raj Beri receives $500k cash retention bonus if continuously employed from May 24, 2023 to May 24, 2024.
- Bonus forfeited if Beri resigns (except for "Good Reason") or is terminated for cause during retention period.
- If involuntarily terminated without cause, Beri receives pro-rata bonus based on time served during retention period.
- Defined "Good Reason" includes >10% salary cut or material reduction in duties; "Cause" includes felony, fraud, misconduct.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809519/000095017023026067/0000950170-23-026067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809519/000095017023026067/gdrx-20230530.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-026067

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