BigBear.ai Reports Board Changes and Officer Compensation Updates
Ticker: BBAI-WT · Form: 8-K · Filed: Oct 4, 2024 · CIK: 1836981
| Field | Detail |
|---|---|
| Company | Bigbear.Ai Holdings, INC. (BBAI-WT) |
| Form Type | 8-K |
| Filed Date | Oct 4, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50, $120,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: BBai
TL;DR
BigBear.ai just shook up its board and updated exec pay - watch this space.
AI Summary
BigBear.ai Holdings, Inc. filed an 8-K on October 4, 2024, reporting changes related to its board of directors and officer compensation. The filing specifically addresses the departure of directors, the election of new directors, and updates to compensatory arrangements for certain officers, effective October 1, 2024.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may impact future performance and strategy.
Key Players & Entities
- BigBear.ai Holdings, Inc. (company) — Registrant
- October 1, 2024 (date) — Effective date of reported changes
- October 4, 2024 (date) — Filing date of the 8-K
- Delaware (jurisdiction) — State of incorporation
FAQ
What specific changes were made to BigBear.ai's board of directors?
The 8-K filing indicates the election of directors and the departure of certain officers, but does not specify the names of the individuals involved in these changes.
When were these changes to the board and officer compensation effective?
The changes reported in the 8-K filing were effective as of October 1, 2024.
What is the primary purpose of this 8-K filing for BigBear.ai?
The primary purpose is to report current information regarding the departure of directors or certain officers, the election of directors, and updates to compensatory arrangements of certain officers.
What is BigBear.ai's state of incorporation?
BigBear.ai Holdings, Inc. is incorporated in Delaware.
What is the filing date of this 8-K report?
This 8-K report was filed with the SEC on October 4, 2024.
Filing Stats: 678 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-10-04 16:15:26
Key Financial Figures
- $0.0001 — ls on which registered Common stock, $0.0001 par value BBAI New York Stock Exchange
- $11.50 — of common stock at an exercise price of $11.50 per share BBAI.WS New York Stock Exchan
- $120,000 — articipant, the amount involved exceeds $120,000, and in which Mr. Napoletano had, or wi
Filing Documents
- bbai-20241001.htm (8-K) — 34KB
- exhibit991pressreleasedate.htm (EX-99.1) — 11KB
- 0001628280-24-042317.txt ( ) — 219KB
- bbai-20241001.xsd (EX-101.SCH) — 3KB
- bbai-20241001_def.xml (EX-101.DEF) — 16KB
- bbai-20241001_lab.xml (EX-101.LAB) — 29KB
- bbai-20241001_pre.xml (EX-101.PRE) — 17KB
- bbai-20241001_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1 Press release dated October 4 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. Dated: October 4, 2024 By: /s/ Sean Ricker Name: Sean Ricker Title: Chief Accounting Officer