secwatch.observer — SEC 8-K summary
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Issuer:     Limbach Holdings, Inc. (LMB)
CIK:        0001606163
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001628280-23-002226
Event type: leadership
Sentiment:  neutral
Materiality: 0.05
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limbach adopts new performance award summary for senior management STIP
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- New form for annual cash bonus based primarily on Adjusted EBITDA performance.
- Bonus is a percentage of annual base salary, subject to minimum EBITDA and bank covenant compliance.
- Compensation Committee retains discretion to interpret and administer the plan.
- Plan includes clawback provisions and is designed to be exempt from Section 409A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606163/000162828023002226/0001628280-23-002226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606163/000162828023002226/lmb-20230201.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-002226

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