secwatch.observer — SEC 8-K summary
======================================

Issuer:     Limbach Holdings, Inc. (LMB)
CIK:        0001606163
Form:       8-K
Filed at:   2025-01-06T23:59:59+00:00
Accession:  0001104659-25-001100
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limbach adopts executive severance plan with enhanced CIC benefits; new PSU and RSU forms approved
--------------------------------------------------------------------------------

- Severance plan: CEO gets 1x base salary plus bonus (non-CIC) and 3x (CIC); Senior Leadership Team gets 1x (non-CIC) and 2x (CIC).
- COBRA continuation payments for 12 months (non-CIC) or 24-36 months (CIC) for eligible executives.
- Equity awards accelerate vesting on CIC Qualifying Termination only; performance awards vest based on latest forecast.
- New PSU form tied to relative TSR; new RSU form with time-based vesting; both include restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606163/000110465925001100/0001104659-25-001100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606163/000110465925001100/tm251883d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-001100

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