secwatch.observer — SEC 8-K summary
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Issuer:     Anterix Inc. (ATEX)
CIK:        0001304492
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0001193125-24-234414
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Anterix appoints Scott Lang as President and CEO; Rob Schwartz steps down after a decade
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- Robert H. Schwartz steps down as CEO effective November 1, 2024, and will serve as an advisor to the Board.
- Scott A. Lang, former CEO of Silver Spring Networks, appointed President and CEO and principal executive officer.
- Lang receives $545,000 base salary, 100% target bonus, and two performance-based RSU awards each valued at $1 million.
- Schwartz's severance includes 2x base salary + target bonus, accelerated vesting of 68,788 time-based and 33,417 performance-based shares.
- Schwartz also gets 18 months COBRA, option extension up to 2 years, and change-in-control acceleration within 6 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304492/000119312524234414/0001193125-24-234414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304492/000119312524234414/d790440d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-234414

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