secwatch.observer — SEC 8-K summary
======================================

Issuer:     H&R BLOCK INC (HRB)
CIK:        0000012659
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001605297-21-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

H&R Block amends executive severance plan; increases cash severance multiples for named officers
--------------------------------------------------------------------------------

- Named executive officers (excluding CEO) get 1.5x base salary plus target STI on qualifying termination.
- For change-in-control termination, severance increases to 2x base salary plus target STI.
- Plan removes years-of-service multiplier and eliminates outdated equity award provisions.
- Amendments effective November 4, 2021; CEO Jeff Jones II not a participant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/12659/000160529721000018/0001605297-21-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/12659/000160529721000018/hrb-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001605297-21-000018

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