secwatch.observer — SEC 8-K summary
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Issuer:     Amentum Holdings, Inc. (AMTM)
CIK:        0002011286
Form:       8-K
Filed at:   2026-10-02T20:19:21+00:00
Accession:  0002011286-26-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Amentum amends Executive Chair Demetriou deal: $625K salary, $1.25M LTI target, severance removed
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- Demetriou remains Executive Chair under amended and restated employment agreement effective Sept 28, 2026; prior agreement's initial term ended Sept 27, 2026 and employment now continues at will.
- Base salary set at $625,000 per year; target annual cash bonus of $625,000 (100% of salary), with performance conditions matching those of the CEO's annual bonus.
- Annual long-term incentive target value of $1,250,000; LTI awards vest no later than the first anniversary of grant, subject solely to continued service.
- Severance obligations removed except a pro-rata bonus and full accelerated vesting of outstanding LTI awards on termination other than for Cause.
- New one-year post-termination non-compete and non-solicit covenants supersede prior non-compete terms; compensation changes do not constitute Good Reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2011286/000201128626000026/0002011286-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2011286/000201128626000026/amtm-20260928.htm
  HTML page:      https://secwatch.observer/filing/0002011286-26-000026

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