secwatch.observer — SEC 8-K summary
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Issuer:     Spectrum Brands Holdings, Inc. (SPB)
CIK:        0000109177
Form:       8-K
Filed at:   2025-09-03T23:59:59+00:00
Accession:  0001193125-25-194524
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Spectrum Brands CFO Jeremy Smeltser to depart Dec 31, 2025; Faisal Qadir appointed
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- CFO Jeremy Smeltser's employment terminated without cause; separation date Dec 31, 2025.
- Severance: 18 months base salary plus target bonus, pro-rata FY2026 bonus, health benefits, pro-rata LTIP vesting.
- Faisal Qadir promoted from VP Strategic Finance to EVP and CFO effective Sept 3, 2025.
- Qadir's FY2026 base salary $450k, MIP target 75%, LTIP target 200% of base; severance includes 1.5x salary plus 1x bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109177/000119312525194524/0001193125-25-194524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109177/000119312525194524/d936586d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-194524

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