secwatch.observer — SEC 8-K summary
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Issuer:     BELLRING BRANDS, INC. (BRBR)
CIK:        0001772016
Form:       8-K
Filed at:   2022-04-06T23:59:59+00:00
Accession:  0001193125-22-097537
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BellRing terminates severance plan, enters new severance agreements with top executives, awards equity to Chairman
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- Terminated Executive Severance Plan on April 4, 2022; named executive officers previously participants.
- New Severance and Change in Control Agreements with CEO, CFO, and four other executives.
- CEO Davenport: 2x base+bonus (non-CIC) or 3x (CIC); other executives: 1x or 2x; COBRA periods up to 36 months.
- Executive Chairman Vitale granted 100k RSUs and 300k PRSUs; lock-up on 50% of shares for 5 years.
- Technical amendments to Director Deferred Compensation Plan and 2019 LTIP to reflect post-distribution capital structure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772016/000119312522097537/0001193125-22-097537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772016/000119312522097537/d315936d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-097537

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