secwatch.observer — SEC 8-K summary
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Issuer:     Hamilton Beach Brands Holding Co (HBB)
CIK:        0001709164
Form:       8-K/A
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0001709164-24-000015
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Hamilton Beach Brands sets new President's compensation: salary $625K, incentive targets raised
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- Base salary increased from $543,896 to $625,480 per year, retroactive to Feb 19, 2024.
- Short-term incentive target raised from $298,870 to $475,300 (0-150% payout range).
- Long-term incentive target raised from $468,683 to $897,978 (0-150% payout; includes 15% tax gross-up).
- Compensation Committee approval date: April 25, 2024; awards pro-rated based on effective date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709164/000170916424000015/0001709164-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709164/000170916424000015/hbb-20240219.htm
  HTML page:      https://secwatch.observer/filing/0001709164-24-000015

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