secwatch.observer — SEC 8-K summary
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Issuer:     CRACKER BARREL OLD COUNTRY STORE, INC (CBRL)
CIK:        0001067294
Form:       8-K
Filed at:   2026-07-27T13:49:01+00:00
Accession:  0001104659-26-086902
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cracker Barrel appoints David Deno as CEO; Julie Masino steps down effective Aug 10, 2026
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- David Deno, former Bloomin' Brands CEO, named President and CEO effective August 10, 2026; will join the Board.
- Julie Masino resigns as CEO and director on Aug 10; remains in advisory role through Oct 9, 2026.
- Deno receives $1M base salary, 125% target bonus, 360% of base LTIP target, and $400K sign-on award (RSUs + options).
- Deno's employment agreement includes two-year non-compete and severance of 2x base plus target bonus if terminated without cause.
- Masino's transition agreement provides separation payments and equity treatment consistent with prior disclosed terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1067294/000110465926086902/0001104659-26-086902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1067294/000110465926086902/tm2621310d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-086902

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