secwatch.observer — SEC 8-K summary
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Issuer:     DigitalBridge Group, Inc. (DBRG)
CIK:        0001679688
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0001679688-22-000146
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalBridge CLO Ronald Sanders set to depart by April 27, 2023; amended employment agreement signed
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- Employment term expires April 27, 2023, with possible extension if successor not yet hired.
- Severance on expiration: 2x (base salary of $475k + average of prior 3 annual bonuses) plus full vesting of equity and fund incentives.
- Annual cash bonus target of $1.425M and LTIP target of $1.688M, unchanged from prior terms.
- Executive to assist in successor search and continue winding down legacy Colony Capital investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000146/0001679688-22-000146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000146/dbrg-20221209.htm
  HTML page:      https://secwatch.observer/filing/0001679688-22-000146

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