---
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"
generated_at: "2026-07-13T10:15:21.085354+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CODI amends MSA: base management fee cut to 1.25%, new performance awards, expected $19-22M annual savings

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345126-26-000054
- JSON: https://secwatch.observer/filing/0001345126-26-000054.json
- Plain text: https://secwatch.observer/filing/0001345126-26-000054.txt

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