{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-086528","form_type":"8-K","ticker":"VMI","cik":"0000102729","company_name":"VALMONT INDUSTRIES INC","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.926315+00:00","generated_at":"2026-06-12T11:03:43.461721+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Valmont finalizes CEO Kaniewski separation; cash severance $648,937, benefits through Dec 2023","bullets":["Former CEO Stephen Kaniewski to provide consulting services until Dec 30, 2023; receives base salary and health benefits during transition.","Cash severance: 16 weeks base salary ($346,103) plus 14 weeks service pay ($302,834) = $648,937 lump sum on Dec 29, 2023.","Certain RSUs and stock options vest on original Dec 2023 schedule; unvested awards forfeited.","Eligible for prorated bonuses under 2023 STIP and 2022-2024/2023-2025 LTIP based on performance goals."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-086528","json":"https://secwatch.observer/filing/0001104659-23-086528.json","markdown":"https://secwatch.observer/filing/0001104659-23-086528.md","text":"https://secwatch.observer/filing/0001104659-23-086528.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102729/000110465923086528/0001104659-23-086528-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102729/000110465923086528/tm2322571d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T11:03:43.461721+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f512e03b47","claim":"Stephen G. Kaniewski departed as President and Chief Executive Officer at VALMONT INDUSTRIES INC.","evidence_excerpt":"As reported by Valmont Industries, Inc. in its Current Report on Form 8-K dated July 11, 2023, Avner Applbaum succeeded Stephen G. Kaniewski as President and Chief Executive Officer on July 10, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/102729/000110465923086528/0001104659-23-086528-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"succeeded"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}