secwatch.observer — SEC 8-K summary
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Issuer:     ORTHOPEDIATRICS CORP (KIDS)
CIK:        0001425450
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001425450-21-000148
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OrthoPediatrics director Berry retires, CEO Bailey joins board; compensation policy updated
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- Bernie Berry, III retired from board Nov 3, 2021 after 12 years; no disagreement. Granted 2,119 shares and accelerated vesting.
- CEO David R. Bailey appointed to fill vacancy, term until 2024; as employee director, no compensation.
- Board amended director compensation policy effective Jan 1, 2022: annual stock grant changed to $75,000 value, meeting fees to $18,750/quarter.
- Chairperson annual fees increased: Board, Comp, Gov committees to $5,000; Audit Committee chair to $10,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425450/000142545021000148/0001425450-21-000148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425450/000142545021000148/kids-20211102.htm
  HTML page:      https://secwatch.observer/filing/0001425450-21-000148

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