secwatch.observer — SEC 8-K summary
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Issuer:     Adient plc (ADNT)
CIK:        0001670541
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0001670541-22-000098
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Adient grants RSU award to incoming CFO Jerome Dorlack as salary replacement
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- Jerome J. Dorlack will become EVP and CFO on December 1, 2022.
- Replacement RSU Award granted on Dec 1, 2022, with fair value equal to 10% of salary.
- Award replaces 10% of one year's salary forfeited via salary reduction to align pay with performance.
- RSU vests on one-year anniversary; accelerated vesting upon death/disability, continued vesting on involuntary termination without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670541/000167054122000098/0001670541-22-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670541/000167054122000098/adnt-20221117.htm
  HTML page:      https://secwatch.observer/filing/0001670541-22-000098

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