Codexis Reports Director Changes and Compensation Updates
Ticker: CDXS · Form: 8-K · Filed: Nov 12, 2024 · CIK: 1200375
| Field | Detail |
|---|---|
| Company | Codexis, Inc. (CDXS) |
| Form Type | 8-K |
| Filed Date | Nov 12, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $50,000, $10,000, $200,000, $4 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, executive-compensation, bylaws-amendment
Related Tickers: CDXS
TL;DR
Codexis board shakeup and pay plan changes filed. Keep an eye on new director and exec comp.
AI Summary
Codexis, Inc. filed an 8-K on November 12, 2024, reporting on the departure of a director, election of a new director, and changes to executive compensation arrangements. The filing also noted amendments to its articles of incorporation or bylaws and included financial statements and exhibits. The earliest event reported was on November 7, 2024.
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: medium — Changes in directorship and executive compensation can indicate internal shifts that may affect company strategy and performance.
Key Numbers
- 20241107 — Earliest Event Date (Date of the earliest event reported in the 8-K filing.)
- 20241112 — Filing Date (Date the 8-K form was officially filed with the SEC.)
Key Players & Entities
- Codexis, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- 200 Penobscot Drive Redwood City, CA 94063 (address) — Principal Executive Offices
FAQ
Who is the departing director and who is the newly elected director?
The filing states the departure of a director and the election of a new director, but their specific names are not detailed in the provided text.
What specific changes were made to executive compensation arrangements?
The filing indicates changes to compensatory arrangements of certain officers, but the specific details of these changes are not provided in the excerpt.
What are the key amendments to Codexis' articles of incorporation or bylaws?
The filing mentions amendments to articles of incorporation or bylaws, but the specific nature of these amendments is not detailed in the provided text.
What financial statements or exhibits are included with this filing?
The filing indicates that financial statements and exhibits are included, but their specific content is not detailed in the provided text.
What is the Commission File Number for Codexis, Inc.?
The Commission File Number for Codexis, Inc. is 001-34705.
Filing Stats: 1,119 words · 4 min read · ~4 pages · Grade level 10.7 · Accepted 2024-11-12 16:01:54
Key Financial Figures
- $0.0001 — ich Registered Common Stock, par value $0.0001 per share CDXS The Nasdaq Global Se
- $50,000 — will receive an annual cash retainer of $50,000 per year for his service as a member of
- $10,000 — rd and an additional annual retainer of $10,000 for his service on the Science and Tech
- $200,000 — ount of restricted stock units equal to $200,000 divided by $4.18, which was the per sha
- $4 — tock units equal to $200,000 divided by $4.18, which was the per share closing tra
- $100,000 — of shares of restricted stock equal to $100,000 divided by the per share closing tradin
Filing Documents
- d892460d8k.htm (8-K) — 30KB
- d892460dex31.htm (EX-3.1) — 208KB
- 0001193125-24-255904.txt ( ) — 401KB
- cdxs-20241107.xsd (EX-101.SCH) — 3KB
- cdxs-20241107_lab.xml (EX-101.LAB) — 18KB
- cdxs-20241107_pre.xml (EX-101.PRE) — 11KB
- d892460d8k_htm.xml (XML) — 4KB
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. CODEXIS, INC. Date: November 12, 2024 By: /s/ Georgia Erbez Georgia Erbez Chief Financial Officer