secwatch.observer — SEC 8-K summary
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Issuer:     Five Point Holdings, LLC (FPH)
CIK:        0001574197
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001193125-22-032865
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Point names Dan Hedigan as CEO; Lynn Jochim steps down as President/COO
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- Daniel Hedigan appointed CEO effective Feb 9, 2022; base salary $600K, target bonus $1.6M, equity grant $800K.
- Lynn Jochim steps down as President and COO effective Feb 14, 2022; enters 3-year advisory agreement at $83,333 monthly retainer.
- Hedigan brings 40+ years real estate experience, most recently President of Land Sales & Home Building at Irvine Company.
- Jochim's equity awards continue vesting during advisory term; accelerate upon termination without cause or change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574197/000119312522032865/0001193125-22-032865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574197/000119312522032865/d315235d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-032865

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