secwatch.observer — SEC 8-K summary
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Issuer:     HA Sustainable Infrastructure Capital, Inc. (HASI)
CIK:        0001561894
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001193125-26-129174
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

HASI adopts Executive Protection Plan with tiered severance benefits for CEO and management
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- Plan effective May 1, 2026; covers CEO (Tier A), named executives (Tier B), and other management (Tier C).
- Change-in-control termination: Tier A gets 3x base+bonus + 24 mo COBRA; Tier B 2x + 18 mo; Tier C 1.5x + 12 mo.
- Non-change-in-control termination: Tier A 3x, Tier B 1.5x, Tier C 1.0x; COBRA same as above.
- Benefits require signed participation agreement, release of claims, and compliance with restrictive covenants.
- No excise tax gross-up; benefits reduced if parachute payment threshold exceeded (if after-tax better).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1561894/000119312526129174/0001193125-26-129174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1561894/000119312526129174/d140168d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-129174

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