secwatch.observer — SEC 8-K summary
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Issuer:     HCA Healthcare, Inc. (HCA)
CIK:        0000860730
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001193125-26-071880
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860730/000119312526071880/0001193125-26-071880-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860730/000119312526071880/d945112d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-071880

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