Douglas Elliman enters employment agreement with CFO Kirkland; base salary $621,863, 300K RSU grant

Douglas Elliman Inc.

Kirkland appointed EVP, Treasurer, Secretary & CFO effective Oct 7, 2024; previously SVP & CFO.
Annual base salary $621,863; target bonus 50% of base under annual incentive plan.
Company recommends grant of 300,000 restricted shares vesting equally on Dec 15, 2024–2027.
Initial term 2 years with automatic one-year renewal unless 60-day notice given.
Severance: 6 months base salary if terminated without cause; 2x base salary if within 12 months after change of control.

item 5.02 item 9.01

Executive movements

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Role change

James Bryant Kirkland III

Executive Vice President, Treasurer and Chief Financial Officer and Secretary

DOUG · Douglas Elliman Inc.

Effective: 2024-10-07
Filed: November 1, 2024, 7:59 PM ET

Employment Agreement with James Bryant Kirkland III O n October 30, 2024, Douglas Elliman Inc. (the “ Company ”) entered into an employment agreement, effective as of October 7, 2024 (the “ Kirkland Employment Agreement ”), with James Bryant Kirkland III, which sets forth the terms and conditions of his employment as the Company’s Executive Vice President, Treasurer and Chief Financial Officer and Secretary.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

James Bryant Kirkland III changed role as Executive Vice President, Treasurer and Chief Financial Officer and Secretary at Douglas Elliman Inc..

Action: entered into an employment agreement as
Role: Executive Vice President, Treasurer and Chief Financial Officer and Secretary

Exact text from the filing

Employment Agreement with James Bryant Kirkland III O n October 30, 2024, Douglas Elliman Inc. (the “ Company ”) entered into an employment agreement, effective as of October 7, 2024 (the “ Kirkland Employment Agreement ”), with James Bryant Kirkland III, which sets forth the terms and conditions of his employment as the Company’s Executive Vice President, Treasurer and Chief Financial Officer and Secretary.

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Douglas Elliman Inc. filing history →

Source: SEC EDGAR

accession 0001878897-24-000045

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