secwatch.observer — SEC 8-K summary
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Issuer:     CHEMED CORP (CHE)
CIK:        0000019584
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001562762-24-000015
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chemed CFO David P. Williams transitions to CEO advisor role with new equity grant and salary
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- Williams resigned as EVP and CFO, now serves as advisor to CEO effective Jan 29, 2024.
- Granted 6,424 Performance Share Units vesting 100-200% based on 3-year TSR vs peer companies (2024-2026).
- Monthly salary set at $38,750; eligible for general employee benefits; employment terminable on 12 months' notice.
- Prior employment agreement and Change in Control Severance Plan benefits terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19584/000156276224000015/0001562762-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19584/000156276224000015/che-20240201x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-24-000015

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