---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-022303"
form_type: "8-K"
ticker: "PIII"
cik: "0001832511"
company_name: "P3 Health Partners Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:57:40.474757+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# P3 Health Partners appoints Dr. Aric Coffman as CEO, replacing Dr. Sherif Abdou effective May 8, 2024

## Summary
- Dr. Coffman receives $750K base salary, 75% target bonus, and equity awards covering 16.5M shares (12.1M options, 4.4M RSUs).
- Outgoing CEO Dr. Abdou becomes Vice Chair of Board and Senior Advisor under consulting agreement for $400K fee through April 2025.
- Board adopts 2024 Employment Inducement Incentive Award Plan reserving 16.5M shares for inducement grants.
- Dr. Coffman previously CEO of Honest Medical Group; held leadership roles at DaVita Medical Group and Optum.

## SEC filing metadata
- accession: 0001628280-24-022303
- form_type: 8-K
- ticker: PIII
- cik: 0001832511
- company_name: P3 Health Partners Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832511/000162828024022303/0001628280-24-022303-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832511/000162828024022303/piii-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-022303
- JSON: https://secwatch.observer/filing/0001628280-24-022303.json
- Plain text: https://secwatch.observer/filing/0001628280-24-022303.txt

## Key facts
- Executive change
  Sherif Abdou resigned as Chief Executive Officer and President at P3 Health Partners Inc..
  - Action: resigned
  - Role: Chief Executive Officer and President
  source text: Dr. Coffman succeeds Sherif Abdou, M.D., who resigned from his positions as Chief Executive Officer and President of the Company effective as of the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832511/000162828024022303/0001628280-24-022303-index.htm
- Executive change
  Aric Coffman was appointed as Chief Executive Officer and President at P3 Health Partners Inc..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: appointed Aric Coffman, M.D. as Chief Executive Officer and President of the Company, effective at 12:00 p.m. Eastern Time on May 8, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832511/000162828024022303/0001628280-24-022303-index.htm
- Executive change
  Sherif Abdou was appointed as Vice Chairperson of the Board and Senior Advisor at P3 Health Partners Inc..
  - Action: appointed
  - Role: Vice Chairperson of the Board and Senior Advisor
  source text: the Board appointed Dr. Abdou as Vice Chairperson of the Board. Dr. Abdou will serve as Senior Advisor to the Company’s board of directors and Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832511/000162828024022303/0001628280-24-022303-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.