---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-084443"
form_type: "8-K"
ticker: "AHCO"
cik: "0001725255"
company_name: "AdaptHealth Corp."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:40:37.122230+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# July 24, 2023: AdaptHealth enters new employment agreement with CTO Albert Prast ($450K base, 100% bonus target)

## Summary
- Annual base salary of $450,000; target annual incentive bonus equal to 100% of base salary.
- Severance: if terminated without cause or resigns for good reason, continued base salary for up to 2 years and COBRA for 9 months.
- If resigns without good reason on second anniversary, unvested equity awards continue vesting through third anniversary.
- Entered into restrictive covenant agreement with 18-month non-compete/non-solicit and indefinite non-disparagement.
- Agreement effective July 24, 2023; replaces prior employment agreement with Aerocare Holdings from 2014.

## SEC filing metadata
- accession: 0001104659-23-084443
- form_type: 8-K
- ticker: AHCO
- cik: 0001725255
- company_name: AdaptHealth Corp.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725255/000110465923084443/0001104659-23-084443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725255/000110465923084443/tm2321976d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-084443
- JSON: https://secwatch.observer/filing/0001104659-23-084443.json
- Plain text: https://secwatch.observer/filing/0001104659-23-084443.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
