Cracker Barrel Reports Board Changes and Executive Compensation Updates
Ticker: CBRL · Form: 8-K · Filed: May 28, 2024 · CIK: 1067294
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: CBRL
TL;DR
Cracker Barrel's board is changing, and exec pay is getting updated. Keep an eye on this.
AI Summary
On May 28, 2024, Cracker Barrel Old Country Store, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers, though specific names and dollar amounts for these changes are not detailed in this initial summary.
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 — The filing primarily concerns routine corporate governance matters such as director elections and compensation adjustments, which typically carry low immediate risk.
Key Players & Entities
- CRACKER BARREL OLD COUNTRY STORE, INC. (company) — Registrant
- May 28, 2024 (date) — Date of Report
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors and departure of directors, but the specific names of individuals are not detailed in the provided text.
Are there any new executive appointments mentioned?
The filing mentions the appointment of certain officers and updates to compensatory arrangements, but does not name specific individuals or roles.
What is the primary purpose of this 8-K filing?
The primary purpose is to report on the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
When was this report filed with the SEC?
This report was filed on May 28, 2024.
What is Cracker Barrel's fiscal year end?
Cracker Barrel's fiscal year ends on August 2nd (0802).
Filing Stats: 850 words · 3 min read · ~3 pages · Grade level 10.2 · Accepted 2024-05-28 11:30:41
Key Financial Figures
- $0.01 — h registered Common Stock (Par Value $0.01) Rights to Purchase Series A Junior Par
Filing Documents
- tm2415680d1_8k.htm (8-K) — 32KB
- tm2415680d1_ex99-1.htm (EX-99.1) — 6KB
- tm2415680_ex99-1img001.jpg (GRAPHIC) — 22KB
- 0001104659-24-065433.txt ( ) — 241KB
- cbrl-20240528.xsd (EX-101.SCH) — 3KB
- cbrl-20240528_lab.xml (EX-101.LAB) — 33KB
- cbrl-20240528_pre.xml (EX-101.PRE) — 22KB
- tm2415680d1_8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release issued by Cracker Barrel Old Country Store, Inc. dated May 28, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL document). 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. Date: May 28, 2024 CRACKER BARREL OLD COUNTRY STORE, INC. By: /s/ Richard M. Wolfson Name: Richard M. Wolfson Title: Senior Vice President, General Counsel and Corporate Secretary