secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2026-08-25T18:00:28+00:00
Accession:  0001376986-26-000038
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

TVA Board sets FY2027 incentive goals; revises FY2026 and LTIP spend targets
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- FY2027 Enterprise Scorecard: Cost Performance 40% weight, target 3% SBU O&M/5% Capital under budget.
- FY2027 Nuclear Reliability target 2.00% Annualized Online Reliability Loss Factor; Personal Safety target 0.01.
- LTIP FY2027-2029: Total Spend 60% weight, target 3% Non-Fuel O&M/5% Capital under budget; Stakeholder Survey target 80.0.
- Revised FY2026 SBU Controllable O&M and Base Capital Spend target to $4,679M (threshold $4,794M, stretch $4,565M).
- Revised LTIP Total Spend targets: FY2024-26 $17,844M, FY2025-27 $25,290M, FY2026-28 $22,582M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698626000038/0001376986-26-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698626000038/tve-20260820.htm
  HTML page:      https://secwatch.observer/filing/0001376986-26-000038

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