---
schema_version: "secwatch.filing_event.v1"
accession: "0001759655-23-000062"
form_type: "8-K"
ticker: "PRVA"
cik: "0001759655"
company_name: "Privia Health Group, Inc."
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T03:11:28.452670+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Privia Health CEO Shawn Morris to retire July 1; President & COO Parth Mehrotra named successor

## Summary
- CEO Shawn Morris retiring July 1, 2023; remains on board as non-employee director.
- President & COO Parth Mehrotra succeeds as CEO effective July 1, will also join Board.
- Mehrotra receives $600K base salary, 100% target bonus, additional equity awards incl. $6M one-time PSUs.
- Morris gets pro-rata 2023 bonus, existing equity continues vesting, 12-month COBRA payments.
- Full-year 2023 guidance reaffirmed; all operating & non-GAAP metrics unchanged from Feb 28.

## SEC filing metadata
- accession: 0001759655-23-000062
- form_type: 8-K
- ticker: PRVA
- cik: 0001759655
- company_name: Privia Health Group, Inc.
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759655/000175965523000062/0001759655-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759655/000175965523000062/prva-20230407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001759655-23-000062
- JSON: https://secwatch.observer/filing/0001759655-23-000062.json
- Plain text: https://secwatch.observer/filing/0001759655-23-000062.txt

## Key facts
- Executive change
  Parth Mehrotra was appointed as Director at Privia Health Group, Inc..
  - Action: appointed
  - Role: Director
  source text: The Board expects to appoint Mr. Mehrotra to the Board on the Transition Date, subject to his assuming the role of Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759655/000175965523000062/0001759655-23-000062-index.htm
- Executive change
  Shawn Morris departed as Chief Executive Officer at Privia Health Group, Inc..
  - Action: retire
  - Role: Chief Executive Officer
  source text: On April 7, 2023, Shawn Morris, Chief Executive Officer of Privia Health Group, Inc. (the “Company”), notified the Board of Directors (the “Board”) that he will retire as Chief Executive Officer of the Company on July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759655/000175965523000062/0001759655-23-000062-index.htm
- Executive change
  Parth Mehrotra was appointed as Chief Executive Officer at Privia Health Group, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On April 11, 2023, the Board appointed Parth Mehrotra, the Company’s President and Chief Operating Officer, to succeed Mr. Morris as Chief Executive Officer effective July 1, 2023 (the “Transition Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759655/000175965523000062/0001759655-23-000062-index.htm

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