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:   2024-11-20T23:59:59+00:00
Accession:  0001709164-24-000049
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Hamilton Beach Brands raises CEO Scott Tidey's compensation; base salary to $775K
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- Base salary increased from $625,480 to $775,000 annually, retroactive to Oct 1, 2024.
- 2024 target short-term incentive raised to $794,790 (from $475,300); can earn 0%-150% of target.
- 2024 target long-term incentive raised to $1,624,904 (from $897,978); also 0%-150% payout range.
- Approved by Compensation Committee on Nov 18, 2024; covers Tidey's CEO appointment disclosed in Sept 2024.
- Incentive awards will be pro-rated based on applicable target levels for 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709164/000170916424000049/0001709164-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709164/000170916424000049/hbb-20240920.htm
  HTML page:      https://secwatch.observer/filing/0001709164-24-000049

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