secwatch.observer — SEC 8-K summary
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Issuer:     Amcor plc (AMCR)
CIK:        0001748790
Form:       8-K
Filed at:   2025-09-25T23:59:59+00:00
Accession:  0001104659-25-093334
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amcor adopts change-in-control severance plan for executives; CEO gets 2x multiplier
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- CIC Plan, effective Sep 23, 2025, covers CEO and officers reporting directly to CEO.
- CEO receives 2x base salary plus target bonus cash severance; other officers receive 1x.
- Benefits triggered only by qualifying termination within 60 days before to 2 years after a change in control.
- Includes pro rata annual bonus, 100% equity vesting (target performance), and up to 24 months of COBRA for US participants.
- Plan is intended to retain executives and reduce distraction during a potential change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748790/000110465925093334/0001104659-25-093334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748790/000110465925093334/tm2526675d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-093334

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