Short answer
Vestis Corp (VSTS) filed an 8-K current report with the SEC on June 15, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Interim CFO Adam Bowen’s base salary remains $400,000 with a 35% target annual bonus.
Vestis Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Interim CFO Adam Bowen’s base salary remains $400,000 with a 35% target annual bonus
- New $100,000 cash award in June 2026 plus $100,000 for each qualifying three-month period without a permanent CFO
- Additional $100,000 award if Bowen remains through the earlier of 30 days after permanent CFO appointment or fiscal 2026 Form 10-K filing
- Unvested time-based RSUs remain outstanding and vest on schedule after qualifying termination before permanent CFO appointment
- If not selected, Bowen reverts to VP, Financial Planning & Analysis when a permanent CFO is appointed, clarifying succession structure
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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