secwatch.observer — SEC 8-K summary
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Issuer:     BlueLinx Holdings Inc. (BXC)
CIK:        0001301787
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0001104659-22-129903
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlueLinx extends Chief Legal Officer Reddy's departure to June 30, 2023; grants $328K RSUs and $200K retention
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- Employment end date moved from Dec 31, 2022 to June 30, 2023 via Amended Transition Agreement.
- Reddy receives $200K lump sum, $328,125 in TBRSUs (vesting 50% Mar 31 and 50% Jun 30, 2023), and 50% of 2023 STIP target.
- Original severance of $507,264, 2022 STIP at 80% target, and accelerated RSU vesting remain in effect.
- He will step down as SVP/CLO when a successor takes office, then serve transition role through June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301787/000110465922129903/0001104659-22-129903-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301787/000110465922129903/tm2233299d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-129903

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