secwatch.observer — SEC 8-K summary
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Issuer:     Thryv Holdings, Inc. (THRY)
CIK:        0001556739
Form:       8-K
Filed at:   2026-08-11T20:00:45+00:00
Accession:  0001140361-26-032230
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thryv replaces 2026 STIP with H2 Bridge Plan after restructuring; targets set
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- Effective July 1, 2026, 2026 STIP replaced by H2 2026 Bridge Plan for all prior STIP participants, including NEOs.
- Target opportunities prorated to 50% of annual 2026 STIP target, reflecting six-month performance period.
- H2 2026 targets: EBITDA $31.40M, FCF $18.20M, SaaS Revenue $223.30M, each weighted 25%.
- Minimum funding thresholds: EBITDA $26.90M, FCF $15.95M, SaaS Revenue $216.55M; individual performance requires EBITDA $20.00M.
- Awards payable no later than June 30, 2027; subject to Clawback Policy effective Nov 29, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556739/000114036126032230/0001140361-26-032230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556739/000114036126032230/ef20079892_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-032230

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