Short answer
SL GREEN REALTY CORP (SLG) filed an 8-K current report with the SEC on March 4, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Sitomer, 36, named President of SL Green effective Feb 27, 2026, retaining CIO role; Holliday steps down as Interim President but remains Chairman & CEO.
SL GREEN REALTY CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Sitomer, 36, named President of SL Green effective Feb 27, 2026, retaining CIO role; Holliday steps down as Interim President but remains Chairman & CEO
- Sitomer employment deal: 4-year term, $700K base salary, cash bonus range 50–400% of base, $750K signing bonus
- Sitomer equity package: $3.3M annual time-based award (min) + $2.5M target performance LTIP units; outperformance modifier up to +100% of time-based award
- CFO DiLiberto contract extended 3 years through Jan 1, 2029; $660K base, $1.54M min annual time-based LTIP, $1M performance LTIP; plus 100,000 Class O LTIP Units vesting ratably 2027–2029
- Change-in-Control severance for Sitomer = 2.5x (base + avg bonus + equity target); signals strong management retention focus amid NYC office market recovery
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other SL GREEN REALTY CORP 8-K filings
Get the next SLG 8-K as it lands
Follow SLG for push alerts, or ask the research agent what this filing means.