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

Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2026-09-28T11:01:28+00:00
Accession:  0001104659-26-111138
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Vestis names Russell Tiejema EVP and CFO effective Sept 28; reaffirms FY2026 outlook
--------------------------------------------------------------------------------

- Tiejema, 58, succeeds interim CFO Adam K. Bowen, who has held the role since Dec 16, 2025 and will stay through end of October.
- Base salary $700,000; target bonus 100% of salary; FY2027 LTIP target $1,750,000 plus a $2,500,000 sign-on award (50% RSUs, 50% NSOs) vesting over three years.
- Qualifying Termination severance is a lump sum of 1.5x salary plus target bonus; non-change-of-control termination pays 1x ratably over 12 months.
- Tiejema was CFO of US LBM from June 2024 to July 2026 and CFO of Masonite International (NYSE: DOOR) from Nov 2015 to May 2024.
- Vestis reaffirms its full fiscal year 2026 financial outlook, consistent with the update given in its Q3 earnings release on Aug 11, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000110465926111138/0001104659-26-111138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000110465926111138/tm2626111d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-111138

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