secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY HEALTH SYSTEMS INC (CYH)
CIK:        0001108109
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001193125-22-046586
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Community Health Systems appoints John A. Clerico as Lead Director; sets 2022 executive compensation
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- John A. Clerico appointed independent Lead Director, succeeding the late Julia B. North.
- Board reorganized Audit, Compensation, and Governance committees; Dr. Joseph A. Hastings added.
- CEO Hingtgen's 2022 cash incentive target: 225% of base salary; similar targets for other NEOs.
- 2022 base salaries: CEO $1.25M, Chairman $1M, CFO $750K, others.
- Equity grants include NQSOs, time-vesting RSUs, and performance-based RSUs with 3-year vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108109/000119312522046586/0001193125-22-046586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108109/000119312522046586/d208787d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-046586

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