{"schema_version":"secwatch.filing_event.v1","accession":"0001345126-26-000054","form_type":"8-K","ticker":"CODI","cik":"0001345126","company_name":"Compass Diversified Holdings","filed_at":"2026-07-13T10:11:16+00:00","discovered_at":"2026-07-13T10:15:10.257417+00:00","generated_at":"2026-07-13T10:15:21.085354+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CODI amends MSA: base management fee cut to 1.25%, new performance awards, expected $19-22M annual savings","bullets":["Base management fee reduced from 2.00% to 1.25% on first $3B of ANA, with tiered rates above; 2027 base fee capped at $30M.","Existing incentive fee replaced by Share Alignment Award (0.125% of avg ANA) and Performance-Based Award (0.125% of avg ANA, tied 70% to TSR, 30% to EBITDA).","Expected 2027 management fee reduction of ~$19-22M vs. prior formula; CODI reaffirms full-year 2026 outlook.","Parties intend to seek shareholder approval at 2027 annual meeting for equity-based incentive structure starting 2028.","Governance enhancements: share ownership guidelines, clawback provisions, Compensation Committee oversight."],"urls":{"canonical":"https://secwatch.observer/filing/0001345126-26-000054","json":"https://secwatch.observer/filing/0001345126-26-000054.json","markdown":"https://secwatch.observer/filing/0001345126-26-000054.md","text":"https://secwatch.observer/filing/0001345126-26-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1345126/000134512626000054/0001345126-26-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1345122/000134512626000054/codi-20260712.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-13T10:15:21.085354+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}