secwatch.observer — SEC 8-K summary
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Issuer:     PERMA FIX ENVIRONMENTAL SERVICES INC (PESI)
CIK:        0000891532
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001493152-23-013652
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 3.03, 5.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perma-Fix renews exec employment agreements; CEO salary rises to $374,870; board expands to 9
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- CEO Mark Duff's annual base salary increased to $374,870 from $344,400 under new 3-year employment agreement.
- Board size increased from 8 to 9; CEO Duff elected to fill new directorship, subject to stockholder vote at July 20 annual meeting.
- New employment agreements signed with CFO Ben Naccarato and EVPs Centofanti, Lombardo, and Grondin, replacing pacts expiring July 2023.
- Severance includes two years' salary plus performance compensation and stock option acceleration upon certain terminations or change in control.
- Annual meeting set for July 20, 2023; record date June 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891532/000149315223013652/0001493152-23-013652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891532/000149315223013652/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-013652

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