CACI INTERNATIONAL INC /DE/ 8-K

What Happened

• CACI International Inc. filed an 8-K (Item 5.02) on June 22, 2026 announcing the appointment of Dr. David Young, age 45, as Chief Operating Officer reporting to the CEO. Dr. Young brings 25 years of experience in defense and national security programs, most recently serving at Lockheed Martin (VP & GM, National Security Space, Dec 2024–Jun 2026) and previously as COO of CAES (Jan 2021–Sep 2024) and in senior roles at Northrop Grumman.

Key Details

• Appointment date filed: June 22, 2026.
• Compensation: participation in CACI’s annual bonus plan and long-term incentive program, a $500,000 one-time cash sign-on bonus, and $2,000,000 in restricted stock units (RSUs).
• RSU vesting: grant vests in three equal annual installments beginning on the first anniversary of employment.
• Other disclosures: no family relationships with CACI directors/executive officers and no related-party transactions reported.

Why It Matters

• Leadership: Hiring an experienced defense-sector executive as COO may influence CACI’s operational execution and program delivery in national security markets.
• Cost/compensation impact: the one-time cash sign-on and $2M RSU grant will create near-term compensation expense and future equity dilution as RSUs vest; ongoing participation in bonus and long-term incentive plans could affect future compensation expense but no specific payout amounts or targets were disclosed.
• Governance/risks: the filing notes no related-party issues or special arrangements in the selection, which is a positive governance disclosure for investors.