secwatch.observer — SEC 8-K summary
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Issuer:     Archrock, Inc. (AROC)
CIK:        0001389050
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001389050-24-000019
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Archrock sets 2024 cash incentive targets and raises base salaries for named executives
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- CEO Childers: cash incentive target 125% of eligible earnings; base salary raised to $925K from $875K.
- CFO Aron: cash incentive target 90%; base salary raised to $590K from $550K.
- Three other NEOs have 75% targets; base salaries increased $30K-$35K each.
- Payouts range 0%-200% of target based on Adjusted EBITDA, sustainability and operating team metrics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389050/000138905024000019/0001389050-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389050/000138905024000019/aroc-20240215x8k.htm
  HTML page:      https://secwatch.observer/filing/0001389050-24-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer