secwatch.observer — SEC 8-K summary
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Issuer:     AMC Global Media Inc. (AMCX)
CIK:        0001514991
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001514991-24-000027
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMC Networks EVP & General Counsel James Gallagher to retire Jan 2, 2025; receives severance package
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- James Gallagher, EVP & General Counsel, will retire on Jan 2, 2025 or earlier; company searching for successor.
- Upon separation, Gallagher receives 1.5x base salary + target bonus, plus 2024 bonus if paid to peers.
- Health coverage for self & dependents until Jan 2, 2027; continued vesting of time-vested RSUs and immediate vesting of cash performance awards.
- Noncompetition covenant for one year after termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514991/000151499124000027/0001514991-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514991/000151499124000027/amcx-20240726.htm
  HTML page:      https://secwatch.observer/filing/0001514991-24-000027

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