Barnes & Noble Education Announces Board and Executive Changes
Ticker: BNED · Form: 8-K · Filed: Sep 24, 2024 · CIK: 1634117
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: BNED
TL;DR
BNED shakes up board and exec pay - new faces, new plans.
AI Summary
Barnes & Noble Education, Inc. announced on September 23, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory plans.
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 leadership and compensation can indicate underlying issues or strategic realignments that may impact the company's future performance.
Key Players & Entities
- Barnes & Noble Education, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- 001-37499 (company_id) — SEC File Number
- 46-0599018 (company_id) — I.R.S. Employer Identification No.
- 120 Mountain View Blvd (address) — Principal executive offices
- Basking Ridge, NJ (address) — Principal executive offices
- 07920 (zip_code) — Principal executive offices
- (908) 991-2665 (phone_number) — Registrant's telephone number
FAQ
What specific roles have been affected by the departure of officers or directors?
The filing indicates the departure of certain officers and directors, but does not specify the exact roles in this section.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 23, 2024.
What is the primary business of Barnes & Noble Education, Inc. according to the filing?
The filing lists the Standard Industrial Classification as RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940].
In which state was Barnes & Noble Education, Inc. incorporated?
The company was incorporated in Delaware.
What is the SEC file number for Barnes & Noble Education, Inc.?
The SEC file number is 001-37499.
Filing Stats: 405 words · 2 min read · ~1 pages · Grade level 11.7 · Accepted 2024-09-24 06:04:28
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share BNED New York S
Filing Documents
- d891301d8k.htm (8-K) — 22KB
- 0001193125-24-224067.txt ( ) — 136KB
- bned-20240923.xsd (EX-101.SCH) — 3KB
- bned-20240923_lab.xml (EX-101.LAB) — 17KB
- bned-20240923_pre.xml (EX-101.PRE) — 11KB
- d891301d8k_htm.xml (XML) — 3KB
From the Filing
8-K 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 Date of Report (Date of earliest event reported): September 23, 2024 BARNES & NOBLE EDUCATION, INC. (Exact name of registrant as specified in its charter) Delaware 001-37499 46-0599018 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 120 Mountain View Blvd Basking Ridge , NJ 07920 (Address of principal executive offices) (Zip Code) (908) 991-2665 (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 (see General Instruction A.2. below): 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, $0.01 par value per share BNED 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. Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 23, 2024, Michael Miller provided notice of his resignation as the Company's Executive Vice President, Corporate Development & Affairs, Chief Legal Officer and Secretary, effective immediately. 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. BARNES & NOBLE EDUCATION, INC. Date: September 23, 2024 By: /s/ Jonathan Shar Name: Jonathan Shar Title: Chief Executive Officer