secwatch.observer — SEC 8-K summary
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Issuer:     MASTEC INC (MTZ)
CIK:        0000015615
Form:       8-K/A
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001193125-23-088354
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

MasTec discloses CFO Paul DiMarco's compensation: $500K base, bonus, severance
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- Initial base salary of $500,000; annual bonus up to 100% of base based on Compensation Committee goals.
- Non-cause/good reason termination: 12 months base salary, average bonus, benefits; equity continues vesting.
- Change of control termination within 12 months: lump sum 1.5x base + 1.5x avg bonus, immediate equity vesting.
- Agreement includes confidentiality, non-competition, and non-solicitation covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15615/000119312523088354/0001193125-23-088354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15615/000119312523088354/d481634d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-088354

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