secwatch.observer — SEC 8-K summary
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Issuer:     MARZETTI CO (MZTI)
CIK:        0000057515
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001193125-23-024126
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T. Marzetti (Lancaster Colony subsidiary) exec Dave Nagle departs, severance agreed.
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- David S. Nagle resigns from T. Marzetti Company; employment ends Feb 28, 2023.
- Severance includes 12 months base salary, prorated FY2023 bonus, accelerated vesting of 2/3 of certain restricted stock and SARs, and 1/3 of performance units.
- Monthly medical/dental premium payments for up to 12 months or until new employer offers coverage.
- Severance contingent on satisfactory transition services and execution of mutual release.
- Nagle agrees to confidentiality and non-disparagement covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57515/000119312523024126/0001193125-23-024126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57515/000119312523024126/d436460d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-024126

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