DLH Holdings Corp. (DLHC) signed a set of agreements on August 19 that formally wrap up the departure of President and CEO Zachary C. Parker, who had actually stepped down effective June 30, 2026. Under the separation agreement, Parker gets accrued pay, up to 18 months of COBRA health coverage, continued exercisability of his 2017 stock options and vesting of unvested RSUs, and he stays on the board as a non-employee director through his current term. The company is also paying him $187,550 through his own LLC to help the incoming CEO transition through September 30, then granting roughly $850,000 in equity (142,857 RSUs plus 19,047 performance-based PSUs) for a one-year consulting role starting October 1. (This is based on the filing excerpt, which cuts off near the end.)
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