Douglas Elliman formalizes employment agreement with CFO Kirkland; base $621,863, 300K RSUs

Douglas Elliman Inc.

Agreement effective Oct 7, 2024; initial 2-year term with automatic annual renewals.
Base salary $621,863; target annual bonus 50% of base; 300,000 restricted shares vesting over 4 years.
Severance: 6 months base + health if terminated without cause/good reason; double base lump sum under change in control.
Non-compete and non-solicit covenants during employment and for 6 months post-termination.

item 5.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

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 4, 2024, 6:59 PM ET

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: promoted
Role: Executive Vice President, Treasurer and Chief Financial Officer and Secretary

Exact text from the filing

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 0001878897-24-000047

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