secwatch.observer — SEC 8-K summary
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Issuer:     PATHWARD FINANCIAL, INC. (CASH)
CIK:        0000907471
Form:       8-K
Filed at:   2021-09-07T23:59:59+00:00
Accession:  0001104659-21-113426
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meta Financial Group names Brett Pharr CEO, Anthony Sharett President as Brad Hanson retires
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- Brad Hanson retires as President and CEO effective Sept 30, 2021; will serve on board until Feb 2022 and as Strategic Advisor through Dec 2022 at $57,500/month.
- Brett Pharr appointed CEO of Meta Financial and MetaBank effective Oct 1, 2021; base salary raised to $650K with 85% bonus target and 250% LTIP eligibility.
- Anthony Sharett appointed President of Meta Financial and MetaBank effective Oct 1, 2021; base salary raised to $500K with 80% bonus target and 160% LTIP eligibility.
- Hanson's outstanding equity will vest as retirement; he also receives prorated director compensation for board service through 2022 annual meeting.
- Press release announces a share repurchase program as demonstration of board confidence (no specific amount disclosed).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907471/000110465921113426/0001104659-21-113426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907471/000110465921113426/tm2127057d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-113426

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