secwatch.observer — SEC 8-K summary
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Issuer:     Civeo Corp (CVEO)
CIK:        0001590584
Form:       8-K/A
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001590584-24-000051
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Civeo CFO Carolyn Stone departs; receives $1.1M in cash severance and equity compensation
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- Cash severance of $690,467.32 plus supplemental $423,650 for forfeited phantom shares and performance awards.
- COBRA medical/dental reimbursement for up to 12 months; outplacement services capped at $20,000.
- Separation effective March 4, 2024; agreement includes release, confidentiality, non-solicitation, non-disparagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590584/000159058424000051/0001590584-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590584/000159058424000051/cveo-20240302.htm
  HTML page:      https://secwatch.observer/filing/0001590584-24-000051

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