secwatch.observer — SEC 8-K summary
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Issuer:     NATHANS FAMOUS, INC. (NATH)
CIK:        0000069733
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0001104659-22-125874
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nathan's Famous extends Executive Chairman Howard Lorber's contract to Dec 2027; grants 50,000 RSUs
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- Employment term extended from Dec 31, 2022 to Dec 31, 2027 via Amendment No. 3.
- Lorber receives 50,000 restricted stock units vesting in equal annual installments over five years.
- First RSU vesting on Dec 8, 2023; grant under 2019 Stock Incentive Plan.
- Amendment adds Section 409A compliance provisions for deferred compensation.
- No other material changes to base salary, duties, or other terms of the agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/69733/000110465922125874/0001104659-22-125874-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/69733/000110465922125874/tm2232357d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-125874

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