Beyond, Inc. Reports Director, Officer, and Compensation Changes
Ticker: BBBY-WT · Form: 8-K · Filed: Nov 22, 2024 · CIK: 1130713
Sentiment: neutral
Topics: management-change, compensation, corporate-governance
Related Tickers: OSTK
TL;DR
Beyond, Inc. (OSTK) filed an 8-K detailing director/officer changes and compensation updates, effective Nov 21.
AI Summary
Beyond, Inc. filed an 8-K on November 22, 2024, reporting changes effective November 21, 2024. These changes include the departure of directors or certain officers, the election of new directors, and the appointment of certain officers, along with updates to compensatory arrangements for these officers. The company was formerly known as Overstock.com, Inc.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and officers, especially when coupled with compensation adjustments, can indicate internal shifts that may carry some level of uncertainty for investors.
Key Players & Entities
- Beyond, Inc. (company) — Registrant
- Overstock.com, Inc (company) — Former name
- November 21, 2024 (date) — Effective date of reported changes
- November 22, 2024 (date) — Filing date of the 8-K
FAQ
What specific roles or positions were affected by the director and officer changes?
The filing indicates changes in 'Departure of Directors or Certain Officers' and 'Election of Directors; Appointment of Certain Officers' but does not specify the exact roles or individuals in the provided text.
Were there any significant changes to executive compensation structures reported?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item information, suggesting changes or updates to compensation, but the details are not provided in this excerpt.
When did Beyond, Inc. officially change its name from Overstock.com, Inc.?
The filing notes a former name change date of February 3, 2006, for Overstock.com, Inc. to Beyond, Inc.
What is the principal executive office address for Beyond, Inc.?
The principal executive offices are located at 799 W. Coliseum Way, Midvale, Utah 84047.
What is the SEC file number for Beyond, Inc.?
The SEC file number for Beyond, Inc. is 000-41850.
Filing Stats: 468 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-11-22 16:06:52
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share BYON New York Stock
Filing Documents
- ostk-20241121.htm (8-K) — 24KB
- 0001130713-24-000088.txt ( ) — 143KB
- ostk-20241121.xsd (EX-101.SCH) — 2KB
- ostk-20241121_lab.xml (EX-101.LAB) — 21KB
- ostk-20241121_pre.xml (EX-101.PRE) — 12KB
- ostk-20241121_htm.xml (XML) — 3KB
From the Filing
ostk-20241121 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 NOVEMBER 21, 2024 Date of Report (date of earliest event reported) Beyond, Inc. (Exact name of Registrant as specified in its charter) Delaware 000-41850 87-0634302 (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification Number) 799 W. Coliseum Way Midvale , Utah 84047 (Address of principal executive offices) ( 801 ) 947-3100 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value per share BYON New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On November 21, 2024, E. Glen Nickle, the Chief Legal Officer of Beyond, Inc. (the "Company"), announced that he will retire from his position with the Company, effective December 31, 2024, at which time Mr. Nickle will transition to an advisory role. In consideration for his ongoing service and the execution of a release, in a form contemplated by the Company's Key Employee Severance Plan (the "Plan"), Mr. Nickle will be entitled to receive severance benefits pursuant to the Plan, which was filed as an exhibit to the Company's Current Report on Form 8-K filed on March 24, 2023. 2 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. BEYOND, INC. By: /s/ E. Glen Nickle E. Glen Nickle Chief Legal Officer Date: November 22, 2024 3