secwatch.observer — SEC 8-K summary
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Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2026-06-15T20:02:36+00:00
Accession:  0001628280-26-043149
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vestis amends interim CFO Bowen's compensation; $100k quarterly awards pending permanent CFO selection
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- Base salary remains $400k; target bonus unchanged at 35% of base salary under MIB plan.
- Prior $100k discretionary cash award repayment waived; new $100k award in June 2026.
- Additional $100k discretionary awards every three months if no permanent CFO appointed; extra $100k if not selected and remains employed through 10-K filing.
- Unvested time-vested RSUs will continue to vest on original schedule if terminated without cause or in a Qualifying Resignation.
- If Bowen is not selected as permanent CFO, position reverts to VP, Financial Planning & Analysis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000162828026043149/0001628280-26-043149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000162828026043149/vsts-20260612.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-043149

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