Crown Castle Inc. Director Departs, New Director Appointed
Ticker: CCI · Form: 8-K · Filed: Sep 24, 2024 · CIK: 1051470
| Field | Detail |
|---|---|
| Company | Crown Castle INC. (CCI) |
| Form Type | 8-K |
| Filed Date | Sep 24, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $550,000, $1,200,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, officer-appointments, compensation
Related Tickers: CCI
TL;DR
Crown Castle board shakeup: Bauer out, Smith in. Exec comp details pending.
AI Summary
Crown Castle Inc. announced on September 23, 2024, the departure of director Robert Bauer and the appointment of Michael J. Smith as a new director. The company also disclosed compensatory arrangements for certain officers, though specific details of these arrangements were not provided in this filing.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation are crucial for understanding management incentives.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board changes and officer appointments, with no immediate financial implications disclosed.
Key Players & Entities
- Crown Castle Inc. (company) — Registrant
- Robert Bauer (person) — Departing Director
- Michael J. Smith (person) — Appointed Director
- September 23, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from Crown Castle Inc.'s board of directors?
Robert Bauer has departed from Crown Castle Inc.'s board of directors as of September 23, 2024.
Who has been appointed as a new director to Crown Castle Inc.'s board?
Michael J. Smith has been appointed as a new director to Crown Castle Inc.'s board.
What is the effective date of the reported changes?
The earliest event reported is dated September 23, 2024.
What other items are covered in this 8-K filing besides director changes?
This filing also covers the election of directors and compensatory arrangements of certain officers.
What is Crown Castle Inc.'s principal executive office address?
Crown Castle Inc.'s principal executive offices are located at 8020 Katy Freeway, Houston, Texas 77024-1908.
Filing Stats: 1,062 words · 4 min read · ~4 pages · Grade level 12.2 · Accepted 2024-09-24 16:21:50
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value CCI New York Stock Exchange
- $550,000 — tive Date, (1) an annual base salary of $550,000 and (2) the grant of restricted stock u
- $1,200,000 — ock units to be valued at approximately $1,200,000 of the Company's common stock ("RSUs").
Filing Documents
- cci-20240923.htm (8-K) — 30KB
- 0001051470-24-000200.txt ( ) — 198KB
- cci-20240923.xsd (EX-101.SCH) — 3KB
- cci-20240923_def.xml (EX-101.DEF) — 17KB
- cci-20240923_lab.xml (EX-101.LAB) — 30KB
- cci-20240923_pre.xml (EX-101.PRE) — 17KB
- cci-20240923_htm.xml (XML) — 3KB
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. CROWN CASTLE INC. By: /s/ Edward B. Adams, Jr. Name: Edward B. Adams, Jr. Title: Executive Vice President and General Counsel Date: September 24, 2024