$LMB·8-K

Limbach Holdings, Inc. · May 18, 4:35 PM ET

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Limbach Holdings, Inc. 8-K

Research Summary

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Updated

Limbach Holdings Appoints Michael J. Reed as EVP & COO

What Happened

  • Limbach Holdings, Inc. announced by Form 8‑K that Michael J. Reed was appointed Executive Vice President and Chief Operating Officer, effective May 18, 2026. Mr. Reed has been with Limbach since 2019 in a series of operational leadership roles, most recently Senior Vice President, Midwest Regional Manager.

Key Details

  • Effective date: May 18, 2026.
  • New base salary: $425,000 per year, subject to at least annual review by the Compensation Committee.
  • Additional cash pay: $1,000 per month vehicle allowance.
  • Bonus: Eligible for annual bonus program with target opportunity equal to 60% of base salary (based on performance and company results).
  • Equity: Initial award under the Omnibus Plan with grant date value of $91,896 — 1/3 time‑based restricted stock units, 2/3 market‑based stock units. Eligible in 2027 for another award valued at 80% of his then base salary.
  • Other: Participates in the company’s Executive Severance and Change in Control Plan; Promotion Letter includes non‑solicit and confidentiality covenants. No related‑party or family relationships disclosed.

Why It Matters

  • This is a senior operational leadership change that aligns with Limbach’s growth and integration strategy—Mr. Reed has led integrations and regional operations since 2019. For investors, the filing clarifies the executive compensation package (salary, bonus target, and equity structure) and confirms governance protections (severance/change‑in‑control plan and confidentiality/non‑solicit covenants). The disclosure was accompanied by a press release and the Promotion Letter was filed as an exhibit to the 8‑K.

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