secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001376986-26-000015
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

TVA replaces Carbon-Free metric with Project Milestones in LTIP for FY24-28 cycles
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- New Project Milestones measure replaces Carbon-Free Performance Indicator, weight 20%.
- Threshold 80%, Target 90%, Stretch 100% for FY24-26, FY25-27, FY26-28 cycles.
- Milestones defined as Board-approved projects over $200M or critical to TVA's mission.
- For FY24-26 cycle, only FY26 results considered; FY25-27 uses FY26-27; FY26-28 uses FY26-28.
- No other changes to LTIP measures or goals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698626000015/0001376986-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698626000015/tve-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001376986-26-000015

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