secwatch.observer — SEC 8-K summary
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Issuer:     Hilton Grand Vacations Inc. (HGV)
CIK:        0001674168
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001193125-23-067651
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hilton Grand Vacations adopts new Incentive Program for executive compensation
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- CEO STI target award: 50%-250% of base salary; payout range: 0%-250% of target.
- CEO LTI aggregate grant value: 400%-600% of base salary; allocation: 0-50% options, 0-50% RSUs, 0-100% PSUs.
- Other executive officers STI target: 50%-225%; LTI aggregate: 150%-350% of base salary.
- PSU payout for CEO: 0%-400% of target; for other execs: 0%-300%.
- Program effective March 7, 2023, operated under 2017 Omnibus Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674168/000119312523067651/0001193125-23-067651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674168/000119312523067651/d470989d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-067651

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