secwatch.observer — SEC 8-K summary
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Issuer:     Booking Holdings Inc. (BKNG)
CIK:        0001075531
Form:       8-K
Filed at:   2023-04-11T23:59:59+00:00
Accession:  0001075531-23-000019
Event type: other_material
Sentiment:  positive
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Booking Holdings adopts policy limiting cash severance for execs to 2.99x salary plus bonus
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- Policy caps cash severance for executive officers at 2.99 times annual base salary plus target bonus.
- Adopted by Compensation Committee on April 5, 2023; effective immediately.
- Policy requires stockholder approval to exceed 2.99x threshold.
- No change to existing arrangements; applies to future severance terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075531/000107553123000019/0001075531-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075531/000107553123000019/bkng-20230405.htm
  HTML page:      https://secwatch.observer/filing/0001075531-23-000019

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