secwatch.observer — SEC 8-K summary
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Issuer:     PERMA FIX ENVIRONMENTAL SERVICES INC (PESI)
CIK:        0000891532
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001493152-24-003388
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perma-Fix approves 2024 MIPs for four executives; incentives tied to revenue, EBITDA
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- Board approved 2024 MIPs for CEO Mark Duff (base $417,155), CFO Ben Naccarato ($332,811), and two EVPs, effective Jan 1, 2024.
- Incentives range from 25% to 150% of base salary, tied to revenue, EBITDA, safety, and permit compliance.
- No incentive paid unless ≥75% of EBITDA target achieved; total officer pool capped at 50% of pre-tax net income.
- Revenue and EBITDA targets redacted from public filing as commercially sensitive.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891532/000149315224003388/0001493152-24-003388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891532/000149315224003388/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-003388

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