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Latch, Inc. (LTCH) Form 8-K — Aug 28, 2026

$LTCHForm 8-KItems 5.02, 9.01Filed Aug 28, 2026, 4:20 PM ET0001826000-26-000054Original filing

Latch, Inc. (LTCH) disclosed in an 8-K that on August 24, 2026 it adopted a retention bonus program for its three top executives: CEO David Lillis ($250,000), CFO Jeff Mayfield ($225,000), and Chief Strategy and Legal Officer Priyen Patel ($187,500). Awards vest only if each executive stays employed through December 31, 2027, with payment due within roughly 45 days thereafter. The awards do not accelerate on a change of control or other corporate transaction, but executives terminated without cause or resigning for good reason before the vesting date receive a pro rata portion.

Key figures

Payment window days
45
Retention vesting date
2027-12-31
Ceo retention award usd
250000
Cfo retention award usd
225000
Cso clo retention award usd
187500

AI analysis

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