Tri Pointe Homes Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$TPH
Homebuilding
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 17, 2024
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On July 17, 2024, the Board of Directors of Tri Pointe Homes, Inc., a Delaware corporation (the “Company”), approved modifications to the existing executive employment agreement between the Company and Thomas J. Mitchell, the Company’s President and Chief Operating Officer, to increase Mr. Mitchell’s “Covered Termination” multiples in connection with both change in control and non-change in control separations from 1.5x and 2.5x, respectively, to 2x and 3x, respectively.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
104 Cover Page Interactive Data File, formatted in Inline XBRL
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Tri Pointe Homes, Inc. | ||||||||
| Date: July 22, 2024 | By: | /s/ David C. Lee | ||||||
| David C. Lee, General Counsel and Secretary | ||||||||
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