secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCIAL METALS Co (CMC)
CIK:        0000022444
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001193125-21-327164
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CMC amends COO Porter's employment agreement; new title EVP, salary $780k, removes excise tax gross-up
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- Tracy L. Porter transitions from COO to Executive Vice President effective Nov 4, 2021.
- Minimum base salary set at $780,000 per year under amended employment agreement.
- Excise tax gross-up provision under Section 4999 removed for change in control termination.
- All other terms of prior employment agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22444/000119312521327164/0001193125-21-327164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22444/000119312521327164/d248083d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-327164

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