secwatch.observer — SEC 8-K summary
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Issuer:     Sila Realty Trust, Inc. (SILA)
CIK:        0001567925
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001567925-24-000104
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sila Realty Trust formalizes employment agreement with CIO Flouhouse; base salary $475k
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- Base salary $475,000; target annual bonus at least 100% of base salary.
- Severance: 1.5x or 2x (if change in control) of base salary + target bonus; equity vesting on certain terminations.
- 2024 annual bonus prorated from May 6 start date.
- Previously granted 2024 LTIP awards: time-based restricted stock and performance-based RSUs; $825k combined grant date value.
- One-time $500k restricted stock grant vested or vesting per terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567925/000156792524000104/0001567925-24-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567925/000156792524000104/cik0001567925-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001567925-24-000104

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