---
schema_version: "secwatch.filing_event.v1"
accession: "0001376986-24-000007"
form_type: "8-K"
ticker: "TVE"
cik: "0001376986"
company_name: "Tennessee Valley Authority"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:11:04.494143+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# TVA board sets FY2024 incentive targets; CEO payout calculation deferred

## Summary
- Corporate Multiplier targets for FY2024: Net Income $874M, Op Cash Flow $2,619M, Total Financing Obligations $22.2B.
- Enterprise Scorecard goals include TVA Total Spend target $7,810M, Load Not Served 4.1 min, Nuclear Online Reliability Loss Factor 2.00%.
- CEO's EAIP award will not use these measures until Board specifically authorizes; final multiplier 0-1.1.
- Awards may be adjusted for unusual events or business changes; individual performance also considered.

## SEC filing metadata
- accession: 0001376986-24-000007
- form_type: 8-K
- ticker: TVE
- cik: 0001376986
- company_name: Tennessee Valley Authority
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376986/000137698624000007/0001376986-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376986/000137698624000007/tve-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376986-24-000007
- JSON: https://secwatch.observer/filing/0001376986-24-000007.json
- Plain text: https://secwatch.observer/filing/0001376986-24-000007.txt

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