Codexis, Inc. Announces Executive and Director Changes
Ticker: CDXS · Form: 8-K · Filed: Jan 16, 2025 · CIK: 1200375
| Field | Detail |
|---|---|
| Company | Codexis, Inc. (CDXS) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $50,000, $10,000, $200,000, $4 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance
TL;DR
Codexis board shakeup and exec comp changes filed. Watch for new strategy.
AI Summary
Codexis, Inc. announced on January 14, 2025, changes in its executive and director roles. The company filed an 8-K report detailing the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for its officers.
Why It Matters
Changes in leadership and compensatory arrangements can signal shifts in company strategy or financial health, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Executive and director changes, especially if numerous or unexpected, can indicate internal challenges or strategic realignments that may pose risks.
Key Players & Entities
- Codexis, Inc. (company) — Registrant
- January 14, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 200 Penobscot Drive Redwood City, CA 94063 (address) — Principal Executive Offices
FAQ
What specific officer positions saw departures?
The filing indicates the departure of 'certain officers' but does not specify the exact positions in the provided text.
Who are the newly elected directors?
The filing states that directors were elected, but their names are not detailed in the provided excerpt.
What are the key changes in compensatory arrangements?
The filing mentions updates to compensatory arrangements for certain officers, but the specifics are not included in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated January 14, 2025.
What is Codexis, Inc.'s principal executive office address?
Codexis, Inc.'s principal executive office is located at 200 Penobscot Drive, Redwood City, CA 94063.
Filing Stats: 962 words · 4 min read · ~3 pages · Grade level 10.7 · Accepted 2025-01-16 17:04:57
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 — oard and additional annual retainers of $10,000 each for his service on the Nominating
- $200,000 — ount of restricted stock units equal to $200,000 divided by $4.53, which was the per sha
- $4 — tock units equal to $200,000 divided by $4.53, 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
- d876172d8k.htm (8-K) — 25KB
- 0001193125-25-007775.txt ( ) — 142KB
- cdxs-20250114.xsd (EX-101.SCH) — 3KB
- cdxs-20250114_lab.xml (EX-101.LAB) — 17KB
- cdxs-20250114_pre.xml (EX-101.PRE) — 11KB
- d876172d8k_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. CODEXIS, INC. Date: January 16, 2025 By: /s/ Stephen Dilly Stephen Dilly Chairman, President and Chief Executive Officer