---
schema_version: "secwatch.filing_event.v1"
accession: "0001660734-22-000031"
form_type: "8-K"
ticker: "TRTN-PA"
cik: "0001660734"
company_name: "Triton International Ltd"
filed_at: "2022-02-14T23:59:59+00:00"
generated_at: "2026-06-27T08:26:21.189098+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Triton adopts executive severance plan; CEO employment agreement terminated

## Summary
- 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.

## SEC filing metadata
- accession: 0001660734-22-000031
- form_type: 8-K
- ticker: TRTN-PA
- cik: 0001660734
- company_name: Triton International Ltd
- filed_at: 2022-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1660734/000166073422000031/0001660734-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1660734/000166073422000031/trtn-20220209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001660734-22-000031
- JSON: https://secwatch.observer/filing/0001660734-22-000031.json
- Plain text: https://secwatch.observer/filing/0001660734-22-000031.txt

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