secwatch.observer — SEC 8-K summary
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Issuer:     InnovAge Holding Corp. (INNV)
CIK:        0001834376
Form:       8-K
Filed at:   2023-07-05T23:59:59+00:00
Accession:  0001104659-23-078256
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InnovAge appoints Ben Adams as CFO effective July 10, replacing Barb Gutierrez
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- Ben Adams named CFO effective July 10, 2023; base salary $435,000, target bonus 50% of base.
- Adams receives grant of 863,700 Class B units of TCO Group Holdings; 50% time-vesting, 50% performance-vesting.
- Outgoing CFO Barbara Gutierrez steps down July 10, stays as Senior Advisor through Sept 15, 2023.
- Gutierrez eligible for severance: 12 months base salary, target bonus, health coverage; accelerated vesting of 82,756 Class B units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834376/000110465923078256/0001104659-23-078256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834376/000110465923078256/tm2319005d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-078256

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