AMN Healthcare Appoints New Chief Legal Officer

Ticker: AMN · Form: 8-K · Filed: Jul 9, 2024 · CIK: 1142750

Amn Healthcare Services Inc 8-K Filing Summary
FieldDetail
CompanyAmn Healthcare Services Inc (AMN)
Form Type8-K
Filed DateJul 9, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.01, $127,500, $17,363.76, $22,500 b
Sentimentneutral

Sentiment: neutral

Topics: executive-appointment, compensation

TL;DR

AMN Healthcare names Robert Usdan as new CLO, with $425K salary + $1M RSU grant.

AI Summary

AMN Healthcare Services, Inc. announced on July 2, 2024, the appointment of Robert J. Usdan as Chief Legal Officer and General Counsel, effective immediately. Usdan will receive an annual base salary of $425,000 and will be eligible for the company's annual incentive plan. He will also receive a grant of restricted stock units (RSUs) with a target value of $1,000,000, vesting over three years.

Why It Matters

The appointment of a new Chief Legal Officer is a significant leadership change that could impact the company's legal strategy and corporate governance.

Risk Assessment

Risk Level: low — This filing reports on a routine executive appointment and compensation, which typically carries low risk.

Key Numbers

  • $425,000 — Annual Base Salary (For the new Chief Legal Officer, Robert J. Usdan.)
  • $1,000,000 — Target RSU Grant Value (Awarded to Robert J. Usdan, vesting over three years.)

Key Players & Entities

  • AMN HEALTHCARE SERVICES, INC. (company) — Registrant
  • Robert J. Usdan (person) — Appointed Chief Legal Officer and General Counsel
  • $425,000 (dollar_amount) — Annual base salary for Robert J. Usdan
  • $1,000,000 (dollar_amount) — Target value of RSU grant for Robert J. Usdan
  • July 2, 2024 (date) — Effective date of appointment

FAQ

Who has been appointed as the new Chief Legal Officer and General Counsel for AMN Healthcare Services, Inc.?

Robert J. Usdan has been appointed as the new Chief Legal Officer and General Counsel.

When was the appointment of Robert J. Usdan effective?

The appointment was effective immediately as of July 2, 2024.

What is the annual base salary for Robert J. Usdan?

Robert J. Usdan's annual base salary is $425,000.

What is the target value of the restricted stock units (RSUs) granted to Robert J. Usdan?

The target value of the RSUs granted to Robert J. Usdan is $1,000,000.

Over what period will the RSUs granted to Robert J. Usdan vest?

The RSUs granted to Robert J. Usdan will vest over three years.

Filing Stats: 791 words · 3 min read · ~3 pages · Grade level 10.7 · Accepted 2024-07-09 16:15:28

Key Financial Figures

  • $0.01 — ch registered Common Stock, par value $0.01 per share AMN NYSE Indicate by ch
  • $127,500 — grant date fair value of approximately $127,500 on the effective date of his appointmen
  • $17,363.76 — h retainer commencing with a payment of $17,363.76 upon his appointment and will be eligib
  • $22,500 b — ible for the quarterly cash retainer of $22,500 beginning in the fourth quarter of 2024,

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMN Healthcare Services, Inc. Date: July 9, 2024 By: /s/ Cary Grace Name: Cary Grace Title: Chief Executive Officer

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