secwatch.observer — SEC 8-K summary
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Issuer:     Bowman Consulting Group Ltd. (BWMN)
CIK:        0001847590
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001193125-23-040300
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bowman Consulting amends STIP to allow stock; 2023 elections disclosed
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- Board amended Short-Term Incentive Plan to permit stock awards in lieu of cash for annual bonuses.
- For 2023: Bowman, Labovitz, Bruen elected 100% restricted stock; Hickey elected 50% stock, 50% cash.
- Stock vests by first trading day of next calendar year; value based on 200-day VWAP as of Dec 31, 2023.
- Actual bonus amounts depend on 2023 performance goal achievement, determined in Feb 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847590/000119312523040300/0001193125-23-040300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847590/000119312523040300/d442335d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-040300

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