---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-001368"
form_type: "8-K"
ticker: "BBXIB"
cik: "0001814974"
company_name: "BBX Capital, Inc."
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:14:13.496714+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# BBX Capital approves 150% bonus target for CEO & EVP, $2.12M LTIP awards to five executives

## Summary
- CEO Jarett Levan and EVP Seth Wise eligible for 2023 bonus up to 150% of base salary.
- LTIP awards: $2.12M each to Levan and Wise; $1.628M each to Chairman Alan Levan and Vice Chairman John Abdo; $350K to CFO Brett Sheppard.
- Alan Levan and Abdo awards paid 100% cash; others may elect up to 50% cash, balance in restricted stock.
- Awards vest in three equal annual installments beginning October 2023.

## SEC filing metadata
- accession: 0001437749-23-001368
- form_type: 8-K
- ticker: BBXIB
- cik: 0001814974
- company_name: BBX Capital, Inc.
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814974/000143774923001368/0001437749-23-001368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814974/000143774923001368/bbxi20230119b_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-001368
- JSON: https://secwatch.observer/filing/0001437749-23-001368.json
- Plain text: https://secwatch.observer/filing/0001437749-23-001368.txt

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