---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-048773"
form_type: "8-K"
ticker: "SITC"
cik: "0000894315"
company_name: "SITE Centers Corp."
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T14:18:41.375070+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# SITE Centers enters new employment agreements with CFO Fennerty and CIO Cattonar through Sept 2026

## Summary
- Base salary at least $600K (Fennerty) and $500K (Cattonar); annual bonus target 100% of base.
- Initial equity grants: $400K in ratable RSUs (4-yr vest) and $600K in cliff RSUs (5-yr vest).
- Annual equity awards in 2024-2026: RSUs ($250K/$150K) and PRSUs ($600K target per year).
- Non-change-in-control severance: 1.5x base + average bonus; change-in-control: 2.5x base + average bonus.
- Agreements effective Sept 15, 2023, supersede prior contracts; term ends Sept 30, 2026.

## SEC filing metadata
- accession: 0000950170-23-048773
- form_type: 8-K
- ticker: SITC
- cik: 0000894315
- company_name: SITE Centers Corp.
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894315/000095017023048773/0000950170-23-048773-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894315/000095017023048773/sitc-20230915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-048773
- JSON: https://secwatch.observer/filing/0000950170-23-048773.json
- Plain text: https://secwatch.observer/filing/0000950170-23-048773.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.