secwatch.observer — SEC 8-K summary
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Issuer:     STAG Industrial, Inc. (STAG)
CIK:        0001479094
Form:       8-K
Filed at:   2021-08-17T23:59:59+00:00
Accession:  0001104659-21-107018
Event type: leadership
Sentiment:  negative
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

STAG Industrial EVP David G. King to depart Sept 17; severance expense ~$2.2M
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- David G. King, EVP and Director of Real Estate Operations, will leave the company effective September 17, 2021.
- Severance includes lump-sum cash, insurance continuation, immediate vesting of LTIP units, and pro-rated performance award.
- Estimated total accounting expense of $2.2 million, of which $0.5 million is non-cash.
- Severance is contingent on meeting conditions in Mr. King's employment and award agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479094/000110465921107018/0001104659-21-107018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479094/000110465921107018/tm2125323d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-107018

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