HCA Healthcare (HCA) 8-K Current Report: February 25, 2026

Filed: February 25, 2026
Health Care
Services-General Medical & Surgical Hospitals, NEC

HCA Healthcare (HCA) 8-K current report filed with SEC EDGAR on February 25, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.

Reported 8-K Items
1 item

  • Item 5.02: Departure/Election of Directors or Officers

HCA Healthcare 8-K Feb 25, 2026 Event Analysis

Item 5.02 · Departure/Election of Directors or Officers

  • CEO Hazen's 2026 bonus target set at 175% of base salary; CFO Marks and COO Foster at 125%; other EVPs at 100%
  • Awards weighted 80% EBITDA / 20% quality metrics; payout range 25%–200% of target for EBITDA, 0%–200% for quality
  • Quality payout zeroed out entirely if actual EBITDA falls below 90% of target — strong earnings-first gating mechanism
  • All awards paid in cash; subject to clawback if financials restated or participant materially disrupts business operations
  • Director Robert J. Dennis retiring from board effective April 23, 2026 annual meeting; not standing for re-election

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