secwatch.observer — SEC 8-K summary
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Issuer:     Presurance Holdings, Inc. (PRHI)
CIK:        0001502292
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0000950170-24-138354
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conifer Holdings enters amended employment agreements with CEO and CFO; provides $2.235M in transaction bonuses
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- CEO Brian Roney and CFO Harold Meloche extend employment through June 30, 2027.
- Roney receives $1,275,000 transaction bonus; Meloche receives $960,000, each in four equal installments starting December 2024.
- Upon qualifying termination, executives receive remaining base salary through term and unpaid bonus installments.
- Separate change-in-control severance benefits eliminated; new conditional benefits require signing a release.
- Transaction bonuses forfeited if executive resigns without good reason, except pro-rata portion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502292/000095017024138354/0000950170-24-138354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502292/000095017024138354/cnfr-20241213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-138354

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