Bowman Consulting Group Ltd. Announces Director Changes
Ticker: BWMN · Form: 8-K · Filed: Jul 10, 2024 · CIK: 1847590
Sentiment: neutral
Topics: board-changes, executive-compensation
TL;DR
Bowman Consulting Group Ltd. swapped a director and is adjusting executive pay. Watch for details.
AI Summary
Bowman Consulting Group Ltd. announced on July 8, 2024, the departure of director Michael L. Baker and the appointment of new director David J. Miller. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this filing.
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 and officer changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Bowman Consulting Group Ltd. (company) — Registrant
- Michael L. Baker (person) — Departing Director
- David J. Miller (person) — Appointed Director
- July 8, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the board of directors at Bowman Consulting Group Ltd.?
Michael L. Baker has departed from the board of directors.
Who has been appointed as a new director?
David J. Miller has been appointed as a new director.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is July 8, 2024.
What other items are disclosed in this filing besides director changes?
The filing also discloses compensatory arrangements of certain officers and includes Regulation FD disclosures and financial statements/exhibits.
What is the principal executive office address for Bowman Consulting Group Ltd.?
The principal executive office is located at 12355 Sunrise Valley Drive, Suite 520, Reston, Virginia 20191.
Filing Stats: 1,315 words · 5 min read · ~4 pages · Grade level 12.4 · Accepted 2024-07-10 08:29:59
Key Financial Figures
- $0.01 — ich Registered Common stock, par value $0.01 per share BWMN Nasdaq Global Market
- $457,184 — pensation includes (i) a base salary of $457,184 (ii) an annual targeted bonus opportuni
- $1,000 m — period, and (iii) an auto allowance of $1,000 monthly. Upon the recommendation of the
- $500,000 — an annual base salary of not less than $500,000 and, consistent with the current employ
Filing Documents
- d863658d8k.htm (8-K) — 33KB
- d863658dex101.htm (EX-10.1) — 121KB
- d863658dex991.htm (EX-99.1) — 11KB
- g863658g0709202430838.jpg (GRAPHIC) — 3KB
- 0001193125-24-177021.txt ( ) — 334KB
- bwmn-20240708.xsd (EX-101.SCH) — 3KB
- bwmn-20240708_lab.xml (EX-101.LAB) — 18KB
- bwmn-20240708_pre.xml (EX-101.PRE) — 11KB
- d863658d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description of Exhibit 10.1 Employment Agreement, dated July 8, 2024, between Bowman Consulting Group Ltd. and Bruce Labovitz. 99.1 Bowman Consulting Group press release, dated as of July 9, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). This exhibit is a management contract or a compensatory plan or arrangement.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BOWMAN CONSULTING GROUP LTD. Date: July 10, 2024 By: /s/ Bruce Labovitz Bruce Labovitz Chief Financial Officer