BrightSpring Health Services Announces Officer and Director Changes
Ticker: BTSGU · Form: 8-K · Filed: Oct 11, 2024 · CIK: 1865782
| Field | Detail |
|---|---|
| Company | Brightspring Health Services, Inc. (BTSGU) |
| Form Type | 8-K |
| Filed Date | Oct 11, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $20,000, $181,018, $271,412, $724,032 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, officer-appointment, director-election
TL;DR
BrightSpring Health Services shakes up leadership with new officers and directors appointed.
AI Summary
On October 11, 2024, BrightSpring Health Services, Inc. announced the appointment of new officers and directors, including the election of new board members and the appointment of a new Chief Medical Officer. The company also disclosed details regarding compensatory arrangements for certain officers. This filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
Changes in key leadership and board composition can signal shifts in company strategy, operational focus, or financial direction.
Risk Assessment
Risk Level: medium — Changes in executive and board leadership can introduce uncertainty regarding future strategy and performance.
Key Players & Entities
- BrightSpring Health Services, Inc. (company) — Registrant
- October 11, 2024 (date) — Date of Report
- 805 N. Whittington Parkway, Louisville, Kentucky 40222 (address) — Principal Executive Office Address
FAQ
What specific roles have been filled or changed within BrightSpring Health Services?
The filing indicates the appointment of certain officers and the election of directors, though specific names and roles beyond 'Chief Medical Officer' are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated October 11, 2024.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the principal business address of BrightSpring Health Services, Inc.?
The principal executive office address is 805 N. Whittington Parkway, Louisville, Kentucky 40222.
What is the SIC code for BrightSpring Health Services, Inc.?
The Standard Industrial Classification (SIC) code is 8082, categorized under SERVICES-HOME HEALTH CARE SERVICES.
Filing Stats: 1,116 words · 4 min read · ~4 pages · Grade level 11.1 · Accepted 2024-10-11 17:21:03
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share BTSG The Nasdaq Stock Mar
- $20,000 — its other than a monthly base salary of $20,000, less applicable taxes and withholdings
- $181,018 — he following: payment of an aggregate $181,018 in a lump sum within 90 days of the eff
- $271,412 — pensation plan, payment of an aggregate $271,412 (representing Mr. Reed's pro-rata amoun
- $724,032 — he following: payment of an aggregate $724,032 in equal installments over a period of
Filing Documents
- btsg-20241011.htm (8-K) — 55KB
- btsg-ex10_1.htm (EX-10.1) — 143KB
- btsg-ex10_2.htm (EX-10.2) — 120KB
- 0000950170-24-114404.txt ( ) — 505KB
- btsg-20241011.xsd (EX-101.SCH) — 44KB
- btsg-20241011_htm.xml (XML) — 6KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amended and Restated Employment Agreement, dated as of October 11, 2024, by and between Res-Care, Inc. and Steven S. Reed. 10.2 Special Retention Agreement, dated as of October 11, 2024, by and between Res-Care, Inc. and Steven S. Reed. 104 Cover Page Interactive Data File (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. BRIGHTSPRING HEALTH SERVICES, INC. Date: October 11, 2024 By: /s/ Jennifer Phipps Name: Title: Jennifer Phipps Chief Accounting Officer