secwatch.observer — SEC 8-K summary
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Issuer:     Douglas Elliman Inc. (DOUG)
CIK:        0001878897
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001878897-24-000049
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CTO James D. Ballard leaves Douglas Elliman in mutual separation; $835K severance
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- James D. Ballard, SVP – Enterprise Efficiency and CTO, departed October 30, 2024 by mutual agreement.
- Severance includes $835K cash payment, acceleration of unvested equity grants, and 18 months COBRA.
- Severance and equity acceleration contingent on execution of a general release within 60 days.
- Payments will be made in installments over the period his base salary would have been payable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878897/000187889724000049/0001878897-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878897/000187889724000049/doug-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001878897-24-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer