secwatch.observer — SEC 8-K summary
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Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001967649-24-000033
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vestis appoints Bill Seward as EVP & COO effective Sept 1, 2024
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- Bill Seward, former President at UPS Supply Chain Solutions, appointed EVP & COO effective Sept 1, 2024.
- Base salary $600,000; target annual bonus 75% of base; LTI target $1.2M annually.
- One-time cash sign-on bonus $300,000; one-time RSU grant $1.5M vesting over 3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000196764924000033/0001967649-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000196764924000033/vsts-20240723.htm
  HTML page:      https://secwatch.observer/filing/0001967649-24-000033

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