8-K filed February 14, 2022, 6:59 PM ET ticker TRTN-PA CIK 0001660734

other material confidence high sentiment neutral materiality 0.40

Triton adopts executive severance plan; CEO employment agreement terminated

Triton International Ltd

New Executive Severance Plan adopted Feb 9, 2022, for NEOs, replacing prior severance agreements.
CEO Brian Sondey's 2004 employment agreement terminated Feb 11; he continues as CEO.
Severance multiples: CEO gets 2x compensation plus full target bonus on change-in-control termination.
Other NEOs: 1.5x compensation on CIC termination; non-CIC multipliers are 1.5x for CEO, 1x for others.
Plan includes 12-month non-compete and non-solicit covenants and indefinite confidentiality.

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