secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001571283-22-000038
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford extends CFO Clark and GC Lanzer employment agreements through 2025, boosts severance
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- CFO Laura Clark and GC David Lanzer get three-year extensions to November 2025.
- Cash severance for without-cause/good-reason termination increased to 1x base plus avg bonus (1.5x upon change in control within 18 months).
- Company-paid COBRA coverage for up to 18 months after termination due to death or disability.
- Flexible time off policy replaces accrued PTO effective August 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000038/0001571283-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000038/rexr-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001571283-22-000038

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