secwatch.observer — SEC 8-K summary
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Issuer:     Acadia Healthcare Company, Inc. (ACHC)
CIK:        0001520697
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0001193125-22-024575
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia CEO Debbie Osteen extends employment to March 31, 2022 for transition; $900K bonus
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- CEO Debbie Osteen to step down as CEO on date set by Board, but remains a director until term ends.
- Side letter extends employment through March 31, 2022 for transition services.
- Osteen eligible for $900,000 cash retention bonus contingent on service through March 31, 2022.
- 2019 and 2020 equity awards time-vesting components accelerated to January 31, 2022; performance awards remain outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520697/000119312522024575/0001193125-22-024575-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520697/000119312522024575/d279825d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-024575

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