Beam Global Updates Officer Compensatory Arrangements
Ticker: BEEM · Form: 8-K · Filed: Feb 1, 2024 · CIK: 1398805
| Field | Detail |
|---|---|
| Company | Beam Global (BEEM) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $6.31 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: compensatory-arrangements, executive-compensation, corporate-governance
TL;DR
**Beam Global just updated executive pay, watch for financial impacts.**
AI Summary
Beam Global filed an 8-K on February 1, 2024, reporting an event on January 26, 2024, related to compensatory arrangements for certain officers. This filing indicates potential changes or updates to how the company's executives are paid, which could impact the company's financial health and future performance. Investors should monitor these arrangements as they can influence executive motivation and the company's overall cost structure.
Why It Matters
Changes in executive compensation can affect a company's financial stability and leadership's motivation, directly influencing stock performance.
Risk Assessment
Risk Level: medium — Changes in executive compensation can be a double-edged sword, potentially boosting morale or increasing expenses, thus posing a medium risk.
Analyst Insight
An investor should investigate the specific details of the compensatory arrangements once they are fully disclosed to understand their potential impact on Beam Global's financials and executive incentives.
Key Players & Entities
- Beam Global (company) — the registrant filing the 8-K
- January 26, 2024 (date) — date of the earliest event reported
- February 1, 2024 (date) — date the 8-K was filed
- 5660 Eastgate Drive, San Diego, CA 92121 (address) — Beam Global's principal executive offices
- 001-38868 (number) — SEC file number for Beam Global
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 26, 2024, as stated in the 'Date of report (Date of earliest event reported)' section.
What specific item information is disclosed in this 8-K filing?
The 8-K filing discloses 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' under Item Information.
When was this 8-K filing submitted to the SEC?
This 8-K filing was filed as of February 1, 2024, according to the 'FILED AS OF DATE' field.
What is Beam Global's business address?
Beam Global's business address is 5660 Eastgate Drive, San Diego, CA 92121, as listed in the 'BUSINESS ADDRESS' section of the filing.
What is Beam Global's Central Index Key (CIK)?
Beam Global's Central Index Key (CIK) is 0001398805, as indicated in the 'COMPANY DATA' section.
Filing Stats: 430 words · 2 min read · ~1 pages · Grade level 12.5 · Accepted 2024-02-01 13:08:47
Key Financial Figures
- $6.31 — mon stock at an exercise price equal to $6.31 which option shall vest monthly over a
Filing Documents
- beam_8k.htm (8-K) — 27KB
- 0001683168-24-000599.txt ( ) — 235KB
- beem-20240126.xsd (EX-101.SCH) — 3KB
- beem-20240126_def.xml (EX-101.DEF) — 26KB
- beem-20240126_lab.xml (EX-101.LAB) — 36KB
- beem-20240126_pre.xml (EX-101.PRE) — 25KB
- beam_8k_htm.xml (XML) — 5KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 26, 2024, Beam Global (the "Company") granted Sandra Peterson, the Company's Vice President of Sales and Marketing and a named executive officer, an option to purchase up to 50,000 shares of the Company's common stock at an exercise price equal to $6.31 which option shall vest monthly over a four-year period commencing on January 31, 2024. 2
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. BEAM GLOBAL Dated: February 1, 2024 By: /s/ Lisa A. Potok Name: Lisa A. Potok Title: Chief Financial Officer 3