secwatch.observer — SEC 8-K summary
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Issuer:     Five Point Holdings, LLC (FPH)
CIK:        0001574197
Form:       8-K
Filed at:   2021-08-24T23:59:59+00:00
Accession:  0001193125-21-254265
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Point CEO Emile Haddad steps down; Stuart Miller named Executive Chairman, Lynn Jochim President
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- Founder/CEO Emile Haddad transitions from day-to-day roles effective Sept 30, 2021; remains Chairman Emeritus and Board member.
- Haddad enters 3-year advisory agreement with monthly retainer of $416,666.66; equity awards continue vesting.
- Stuart Miller elected Executive Chairman; Lynn Jochim named President, retains COO role, and serves as interim principal executive officer.
- No new compensatory arrangements for Miller or Jochim in connection with appointments.
- Company develops approximately 40,000 homes and 23M sq ft of commercial space in coastal California.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574197/000119312521254265/0001193125-21-254265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574197/000119312521254265/d218513d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-254265

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