Sila Realty Trust discloses severance details for former CAO Labenski and CIO Sajeski

Sila Realty Trust, Inc.

Former CAO Robert Labenski terminated March 20, 2024; former CIO Jon Sajeski terminated March 25, 2024.
Labenski receives cash severance of 1.5x base salary plus target bonus, full time-based equity vesting, plus prorated performance equity vesting.
Sajeski receives identical severance package: 1.5x multiple, full time-based equity vesting, prorated performance equity vesting, and dividend cash payment.
Labenski subject to 24-month non-solicit/non-compete; Sajeski subject to 18-month covenants.

item 5.02

Executive movements

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Departed

Robert R. Labenski

Chief Accounting Officer

SILA · Sila Realty Trust, Inc.

Effective: 2024-03-20
Filed: April 9, 2024, 7:59 PM ET

on March 20, 2024, the Company notified Robert R. Labenski, its former Chief Accounting Officer, of the termination of his employment, effective immediately

Departed

Jon C. Sajeski

Chief Investment Officer

SILA · Sila Realty Trust, Inc.

Effective: 2024-03-25
Filed: April 9, 2024, 7:59 PM ET

on March 25, 2024, the Company notified Jon C. Sajeski, its former Chief Investment Officer, of the termination of his employment, effective immediately

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Robert R. Labenski was terminated as Chief Accounting Officer at Sila Realty Trust, Inc..

Action: terminated
Role: Chief Accounting Officer

Exact text from the filing

on March 20, 2024, the Company notified Robert R. Labenski, its former Chief Accounting Officer, of the termination of his employment, effective immediately

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jon C. Sajeski was terminated as Chief Investment Officer at Sila Realty Trust, Inc..

Action: terminated
Role: Chief Investment Officer

Exact text from the filing

on March 25, 2024, the Company notified Jon C. Sajeski, its former Chief Investment Officer, of the termination of his employment, effective immediately

View on SEC.gov

Sila Realty Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001567925-24-000020

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