secwatch.observer — SEC 8-K summary
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Issuer:     SUBURBAN PROPANE PARTNERS LP (SPH)
CIK:        0001005210
Form:       8-K
Filed at:   2024-05-22T23:59:59+00:00
Accession:  0000950170-24-063298
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Suburban Propane unitholders approve amended 2018 Restricted Unit Plan, adding 2.65M units
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- Additional 2,650,000 common units authorized under the plan, increasing total reserve to 6,175,000.
- Plan amendment approved at tri-annual meeting on May 21, 2024, effective June 1, 2024.
- Plan provides long-term incentive through restricted unit grants to employees and supervisors.
- Vesting typically occurs over three years with accelerated vesting upon Change of Control, death, or disability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005210/000095017024063298/0000950170-24-063298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005210/000095017024063298/sph-20240521.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-063298

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