secwatch.observer — SEC 8-K summary
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Issuer:     BBX Capital, Inc. (BBXIB)
CIK:        0001814974
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0001437749-23-001368
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814974/000143774923001368/0001437749-23-001368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814974/000143774923001368/bbxi20230119b_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001368

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