secwatch.observer — SEC 8-K summary
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Issuer:     Ryman Hospitality Properties, Inc. (RHP)
CIK:        0001040829
Form:       8-K
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0001104659-22-107763
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryman Hospitality Announces CEO Succession: Reed to Executive Chair, Fioravanti to President & CEO
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- Colin Reed becomes Executive Chairman; Mark Fioravanti becomes President & CEO of Ryman Hospitality effective Jan 1, 2023.
- Reed's base salary reduced to $500,000 (down $600,000); Fioravanti's base increased to $850,000 (up $100,000).
- Annual savings of approximately $2 million from salary and incentive changes, excluding Fioravanti's one-time restricted stock grant of 12,500 shares.
- Fioravanti receives 12,500 restricted stock units vesting 50% at year 3 and 50% at year 4.
- Severance modified: Reed gets 3x salary+bonus on change-of-control termination; Fioravanti gets 2x salary+bonus for non-change-of-control termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040829/000110465922107763/0001104659-22-107763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040829/000110465922107763/tm2227868d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-107763

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