secwatch.observer — SEC 8-K summary
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Issuer:     NCR Atleos Corp (NATL)
CIK:        0001974138
Form:       8-K
Filed at:   2024-07-16T23:59:59+00:00
Accession:  0001974138-24-000034
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCR Atleos CHRO LaShawne Meriwether departs; $1.28M severance and equity vesting provided
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- LaShawne Meriwether left as EVP and CHRO on July 15, 2024; departure treated as termination without cause.
- Receives $1,282,500 lump-sum severance, prorated 2024 annual bonus, and accelerated vesting of equity awards (10,391 time-based RSUs, 1,938 RSUs, 2,907 performance-based RSUs).
- Also receives COBRA premium coverage for 18 months, outplacement services, and $7,500 in attorneys' fees.
- Entered into Separation Agreement with 1-year non-compete covering listed competitors (Diebold Nixdorf, Fiserv, FIS, etc.) and standard confidentiality and release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1974138/000197413824000034/0001974138-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1974138/000197413824000034/natl-20240715.htm
  HTML page:      https://secwatch.observer/filing/0001974138-24-000034

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