Amentum Holdings, Inc.: amends employment agreement for Steven Demetriou

What happened The filing says the board approved an amendment and restatement of Steven J. Demetriou’s employment agreement, with the initial term having ended on Sep 27, 2026 and the agreement continuing until terminated by the company or Mr. Demetriou. The filing says that, effective Sep 28, 2026, Mr. Demetriou’s base salary is $625,000, his bonus/short-term incentive is 100% of his base salary, and his long-term incentive opportunity has a total intended target value at grant of $1,250,000. The filing says the agreement was amended to remove severance obligations, except that Mr. Demetriou would be entitled to a pro-rata bonus and full accelerated vesting of any outstanding long-term incentive awards.

Key details

• Base salary: $625,000, effective Sep 28, 2026.
• Bonus/short-term incentive: 100% of base salary.
• Long-term incentive intended target value at grant: $1,250,000.
• The initial term ended on Sep 27, 2026; the amended agreement continues until terminated and removes severance obligations except for a pro-rata bonus and accelerated vesting of outstanding LTI awards.

Why it may matter This report is Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, and it covers the amendment to Mr. Demetriou’s employment agreement and related compensation terms. The filing does not show why the insider traded or why the company acted.