secwatch.observer — SEC 8-K summary
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Issuer:     Cinemark Holdings, Inc. (CNK)
CIK:        0001385280
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0000950170-24-014642
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cinemark Holdings adopts 2024 Short-Term Incentive Plan for executives
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- Board approved the STIP on Feb 8, 2024; annual bonus plan based on performance goals set by Compensation Committee.
- Participants (executives and key employees) eligible for cash bonus if threshold performance is met; target bonus as % of base salary.
- Individual performance modifier (ABO) can adjust bonus up/down by 15% for non-CEOs; CEO not eligible.
- Bonus forfeited if employment terminates before year-end, except pro-rated for death/disability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024014642/0000950170-24-014642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885975/000095017024014642/cnk-20240208.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-014642

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