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

Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2021-09-24T23:59:59+00:00
Accession:  0001193125-21-282401
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Broadcast signs new CEO, President, COO, CFO agreements
---------------------------------------------------------------

- Caroline Beasley (CEO) base salary $1.25M, $250K sign-on bonus, 150K RSUs vesting over 3 years.
- Bruce Beasley (President) and Brian Beasley (COO) each $600K base salary, 105K RSUs.
- Marie Tedesco (CFO) $550K base salary, 75K RSUs, bonus target 36% of base.
- Employment terms expire July 1, 2024 for Beasleys; June 1, 2024 for Tedesco; renewable.
- Severance includes continued base pay, accelerated vesting on termination without cause/good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000119312521282401/0001193125-21-282401-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000119312521282401/d227081d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-282401

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