Crocs, Inc. Files 8-K on Director Changes and Compensation
Ticker: CROX · Form: 8-K · Filed: Apr 16, 2024 · CIK: 1334036
| Field | Detail |
|---|---|
| Company | Crocs, INC. (CROX) |
| Form Type | 8-K |
| Filed Date | Apr 16, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $675,000, $26,457 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: CROX
TL;DR
Crocs filed an 8-K today covering board changes and executive pay updates.
AI Summary
On April 15, 2024, Crocs, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the appointment of new directors and updates to compensatory arrangements for certain officers, though specific names and dollar amounts for these changes are not detailed in the provided text.
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 is a routine disclosure of corporate governance and compensation matters, not indicating immediate financial distress or significant operational changes.
Key Players & Entities
- Crocs, Inc. (company) — Registrant
- April 15, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Broomfield, Colorado (location) — Principal executive offices location
FAQ
What specific changes were made to the board of directors?
The filing indicates changes in directors, including elections and departures, but the specific names and details of these changes are not provided in the excerpt.
What are the details of the compensatory arrangements for certain officers?
The filing mentions updates to compensatory arrangements for certain officers, but the specific details, including dollar amounts or terms, are not included in the provided text.
What is the filing date of this 8-K report?
The filing date, which is also the date of the earliest event reported, is April 15, 2024.
What is the principal executive office address for Crocs, Inc.?
The principal executive offices are located at 500 Eldorado Blvd., Building 5, Broomfield, Colorado 80021.
What is the company's state of incorporation?
Crocs, Inc. is incorporated in Delaware.
Filing Stats: 838 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-04-16 07:31:10
Key Financial Figures
- $0.001 — ch registered: Common Stock, par value $0.001 per share CROX The Nasdaq Global Select
- $675,000 — ly, (i) a lump sum severance payment of $675,000.04, which is equal to 12 months of base
- $26,457 — kshaw will receive a special payment of $26,457.36, net, which is equivalent to 12 mont
Filing Documents
- crox-20240415.htm (8-K) — 36KB
- exhibit991pressrelease41624.htm (EX-99.1) — 12KB
- crocs_incxlogoxcrocsxincxga.jpg (GRAPHIC) — 38KB
- 0001334036-24-000076.txt ( ) — 228KB
- crox-20240415.xsd (EX-101.SCH) — 2KB
- crox-20240415_lab.xml (EX-101.LAB) — 21KB
- crox-20240415_pre.xml (EX-101.PRE) — 12KB
- crox-20240415_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On April 16, 2024, the Company issued a press release announcing the leadership changes. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Crocs, Inc. press release dated April 16, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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. 2 3 CROCS, INC. Date: April 16, 2024 By: /s/ Anne Mehlman Anne Mehlman Executive Vice President and Chief Financial Officer