May. 29 at 9:00 PM
$LAB The company filed an 8K on May 28th, 2026 that announced the approval of the 2026 change of control plan. The text is just a Para or so but references:
Under the 2026 Severance Plan, if the executive’s employment is terminated outside of the period beginning three months before a Change of Control (as defined in the 2026 Severance Plan) and ending 12 months after a Change of Control (such period, the “Change of Control Period”) for a reason other than Cause (as defined in the 2026 Severance Plan) or the executive’s death or Disability (as defined in the 2026 Severance Plan), then, subject to the severance conditions provided in the 2026 Severance Plan, the executive will be entitled to receive the following severance benefits . . .
Is this filing just a coincidence? Or is there something to it?