secwatch.observer — SEC 8-K summary
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Issuer:     Community Healthcare Trust Inc (CHCT)
CIK:        0001631569
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001104659-24-001366
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CHCT adopts updated compensation programs and grants RSUs to executive officers
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- Board approved Third Amended Alignment of Interest Program with max 50% deferral for execs with employment agreements; limit tied to Retirement Eligibility.
- Updated Executive Officer Incentive Program: CPA ≈70% of annual incentive (threshold/target/max 50/100/150%); IPA ≈30% with up to 150% payout.
- LTIP awards now 65% performance-based RSUs and 35% time-based RSUs, each with three-year vesting and performance period.
- CEO David Dupuy granted 21,946 Absolute TSR RSUs, 16,852 Relative TSR RSUs, and 13,046 time-based RSUs; similar grants to other named execs.
- Performance-based RSUs vest 0-200% based on absolute and relative total shareholder return over three-year period starting July 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631569/000110465924001366/0001104659-24-001366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631569/000110465924001366/tm241936d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-001366

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