secwatch.observer — SEC 8-K summary
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Issuer:     Sachem Capital Corp. (SACH)
CIK:        0001682220
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001104659-24-093982
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Sachem Capital declares Series A preferred dividend and approves CFO compensation package
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- CFO Nicholas Marcello: base salary $300k, one-time $20k payment, annual equity award $125k in restricted shares starting Jan 2025.
- Annual cash bonus up to 50% of base salary, determined by Compensation Committee.
- Series A Preferred dividend: $0.484375 per share, payable Sept 30, 2024 to holders of record Sept 15, 2024.
- Dividend covers full accrual period from June 30 through Sept 29, 2024.
- Compensation package effective September 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682220/000110465924093982/0001104659-24-093982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682220/000110465924093982/tm2422923d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-093982

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