secwatch.observer — SEC 8-K summary
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Issuer:     Chiron Real Estate Inc. (XRN)
CIK:        0001533615
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001104659-25-061389
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GMRE appoints Mark Decker as CEO; Jeffrey Busch becomes non-executive Chairman
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- Mark O. Decker, Jr. appointed CEO and President effective June 23, 2025; also joins Board.
- Jeffrey M. Busch removed as CEO and President; continues as non-executive Chairman.
- Decker's base salary $700k; target annual bonus at 100% of base; initial LTIP award $1M.
- Decker previously CEO of Centerspace (NYSE:CSR) and co-led net lease strategy at Proterra.
- Relocation assistance of $75k provided; severance includes 2x salary+bonus on qualifying termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533615/000110465925061389/0001104659-25-061389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533615/000110465925061389/tm2518616d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-061389

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