Broad Street Realty Adds Two Directors, Elects New Board Members
Ticker: BRST · Form: 8-K · Filed: Apr 10, 2024 · CIK: 764897
| Field | Detail |
|---|---|
| Company | Broad Street Realty, Inc. (BRST) |
| Form Type | 8-K |
| Filed Date | Apr 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-composition, management-change, governance
TL;DR
Broad Street Realty adds two new directors to its board, effective immediately.
AI Summary
Broad Street Realty, Inc. announced on April 9, 2024, the election of two new directors, Michael A. Stein and David M. Shapiro, to its Board of Directors, effective immediately. This follows the resignation of director Michael J. McShea. The company also disclosed compensatory arrangements for certain officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and compensatory arrangements, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Broad Street Realty, Inc. (company) — Registrant
- Michael A. Stein (person) — Newly elected director
- David M. Shapiro (person) — Newly elected director
- Michael J. McShea (person) — Resigned director
FAQ
Who were the new directors elected to the Broad Street Realty, Inc. Board?
Michael A. Stein and David M. Shapiro were elected as new directors.
When were the new directors' appointments effective?
The appointments were effective immediately as of April 9, 2024.
Who resigned from the Board of Directors?
Michael J. McShea resigned from the Board of Directors.
What other information is disclosed in the filing?
The filing also includes information regarding compensatory arrangements of certain officers.
What is the exact date of the earliest event reported in this 8-K?
The date of the earliest event reported is April 09, 2024.
Filing Stats: 509 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-04-10 16:30:10
Key Financial Figures
- $0.01 — f shares of the Company's common stock, $0.01 par value per share, reserved for issua
Filing Documents
- brst-20240409.htm (8-K) — 38KB
- brst-ex10_1.htm (EX-10.1) — 294KB
- 0000950170-24-043384.txt ( ) — 480KB
- brst-20240409.xsd (EX-101.SCH) — 23KB
- brst-20240409_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 10.1 Broad Street Realty, Inc. Amended and Restated 2020 Equity Incentive Plan 104 Cover Page Interactive Data File – The cover page 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. BROAD STREET REALTY, INC. Date: April 10, 2024 By: /s/ Michael Z. Jacoby Michael Z. Jacoby Chief Executive Officer