secwatch.observer — SEC 8-K summary
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Issuer:     Mastech Digital, Inc. (MHH)
CIK:        0001437226
Form:       8-K
Filed at:   2022-03-11T23:59:59+00:00
Accession:  0001193125-22-073120
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mastech Digital amends CEO and CFO employment agreements with higher base salaries and new 2022 bonus targets
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- CEO Vivek Gupta's base salary set at $585,000/year, effective April 1, 2022.
- CEO eligible for annual performance bonus of $245,000 tied to 2022 revenue, non-GAAP EPS, and offshore staffing run-rate.
- CFO John Cronin's base salary set at $450,000/year, effective April 1, 2022.
- CFO eligible for $160,000 bonus based on 2022 consolidated revenue, non-GAAP EPS, and gross profit dollars.
- Performance targets and bonus payout thresholds to be determined by board (CEO) for CEO (CFO).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437226/000119312522073120/0001193125-22-073120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437226/000119312522073120/d305741d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-073120

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