secwatch.observer — SEC 8-K summary
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Issuer:     Solid Power, Inc. (SLDP)
CIK:        0001844862
Form:       8-K
Filed at:   2025-11-21T23:59:59+00:00
Accession:  0001104659-25-115026
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solid Power adopts new severance and change-in-control plans with enhanced benefits for CEO and executives
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- Board split prior plan into Severance Plan and Executive CIC Severance Plan, effective Oct 31 and Nov 19, 2025.
- CEO (Group 1): non-CIC severance = 12 months base salary plus prorated bonus; CIC severance = 24 months base plus 1.5x bonus.
- Other executive officers (Group 2): non-CIC = 9 months base; CIC = 12 months base plus 1x bonus and full equity acceleration.
- All benefits contingent on signed release and compliance with confidentiality; CIC plan requires non-compete and non-solicit.
- Plans supersede the August 2021 Prior Plan; no tax gross-ups provided for any participant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844862/000110465925115026/0001104659-25-115026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844862/000110465925115026/tm2531865d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-115026

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