---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-071880"
form_type: "8-K"
ticker: "HCA"
cik: "0000860730"
company_name: "HCA Healthcare, Inc."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:35:06.578716+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# HCA sets 2026 exec comp: CEO target 175% of salary; board member Dennis to retire

## Summary
- CEO Samuel Hazen target award 175% of base; CFO/COO 125%; other named execs 100%.
- Awards weighted 80% on EBITDA, 20% on quality metrics (HAIs, mortality, care experience).
- EBITDA payout ranges from 25% (threshold) to 200% (max); quality payout 0% if EBITDA below 90% of target.
- Director Robert J. Dennis to retire at April 23, 2026 annual meeting, not standing for re-election.
- Awards subject to recoupment under company policy and discretionary recoupment clauses.

## SEC filing metadata
- accession: 0001193125-26-071880
- form_type: 8-K
- ticker: HCA
- cik: 0000860730
- company_name: HCA Healthcare, Inc.
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860730/000119312526071880/0001193125-26-071880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860730/000119312526071880/d945112d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-071880
- JSON: https://secwatch.observer/filing/0001193125-26-071880.json
- Plain text: https://secwatch.observer/filing/0001193125-26-071880.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.