secwatch.observer — SEC 8-K summary
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Issuer:     BigBear.ai Holdings, Inc. (BBAI)
CIK:        0001836981
Form:       8-K
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0001193125-22-260676
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BigBear.ai appoints Amanda Long as CEO effective Oct 12, 2022; Dr. Reggie Brothers steps down
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- Dr. Louis R. Brothers resigned as CEO and director effective Oct 12, 2022; receives $410k severance salary continuation plus $18k health premiums.
- Amanda Long appointed CEO and Class II director; previously IBM VP of IT Automation starting Sept 2021.
- Long's compensation: $450k base salary, 125% bonus target, initial 2022 bonus at least $250k, $4M LTI grant in RSUs/options.
- Brothers to serve as consultant to subsidiary for $75k fee paid quarterly, consulting agreement expires Oct 2023.
- Press release highlights Long's experience launching AI products and leading global businesses at IBM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836981/000119312522260676/0001193125-22-260676-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836981/000119312522260676/d409050d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-260676

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