secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAS CARMART INC (CRMT)
CIK:        0000799850
Form:       8-K/A
Filed at:   2023-12-26T23:59:59+00:00
Accession:  0001171843-23-007701
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

America's Car-Mart details CEO Campbell's $800K salary, $8.4M equity grant, and Williams' retirement terms
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- Campbell's base salary $800K, target bonus 125% for FY2024.
- Receives restricted stock $3.36M (3-yr vest) and stock option $5.04M (vests Sept 2026, performance-based).
- Employment term 2 years, auto-renew; non-compete 1 year post-employment.
- Williams: CEO Emeritus consultant for one year, $20K/month consulting fee, stock options continue vesting.
- Williams receives health insurance for 2 years, no non-employee director compensation during consulting period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799850/000117184323007701/0001171843-23-007701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799850/000117184323007701/f8ka_122223.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-007701

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