Booking Holdings Elects Directors, Adjusts Officer Compensation
Ticker: BKNG · Form: 8-K · Filed: Apr 5, 2024 · CIK: 1075531
| Field | Detail |
|---|---|
| Company | Booking Holdings INC. (BKNG) |
| Form Type | 8-K |
| Filed Date | Apr 5, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.008, $630,000, $315,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: BKNG
TL;DR
Booking Holdings (BKNG) filed an 8-K detailing director elections and executive compensation changes.
AI Summary
Booking Holdings Inc. announced on April 4, 2024, the election of new directors and changes in officer compensation. Specifically, the company elected new directors and approved compensatory arrangements for certain officers, details of which are provided in the filing.
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: low — This filing primarily concerns corporate governance and executive compensation, which typically carries a lower immediate risk compared to financial distress or major operational changes.
Key Players & Entities
- Booking Holdings Inc. (company) — Filer of the 8-K
- April 4, 2024 (date) — Date of the reported events
FAQ
Who were the newly elected directors of Booking Holdings Inc. as of April 4, 2024?
The filing does not explicitly name the newly elected directors, but states that directors were elected.
What specific changes were made to officer compensation arrangements?
The filing indicates that compensatory arrangements of certain officers were approved, but the specific details of these arrangements are not provided in the summary text.
What is the purpose of this 8-K filing for Booking Holdings Inc.?
The purpose of this 8-K filing is to report the departure of directors or certain officers, the election of directors, the appointment of certain officers, and details regarding compensatory arrangements of certain officers.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted on April 5, 2024.
Does the filing provide any financial statements?
Yes, the filing indicates that financial statements and exhibits are included as part of the filing.
Filing Stats: 945 words · 4 min read · ~3 pages · Grade level 9.8 · Accepted 2024-04-05 16:05:55
Key Financial Figures
- $0.008 — ich Registered: Common Stock par value $0.008 per share BKNG The NASDAQ Global Select
- $630,000 — ll continue to receive a base salary of $630,000 during the Subsequent Employment Period
- $315,000 — eriod and will receive a base salary of $315,000 during the Part-Time Employment Period.
Filing Documents
- bkng-20240404.htm (8-K) — 55KB
- bookingholdings-gouldename.htm (EX-99.1) — 28KB
- 0001075531-24-000016.txt ( ) — 335KB
- bkng-20240404.xsd (EX-101.SCH) — 6KB
- bkng-20240404_def.xml (EX-101.DEF) — 21KB
- bkng-20240404_lab.xml (EX-101.LAB) — 43KB
- bkng-20240404_pre.xml (EX-101.PRE) — 23KB
- bkng-20240404_htm.xml (XML) — 13KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Letter Agreement Amendment, dated April 4, 2024 by and between the Company and David I. Goulden. 104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
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. BOOKING HOLDINGS INC. By: /s/ Peter J. Millones Name: Peter J. Millones Title: Executive Vice President and General Counsel Date: April 5, 2024