Easterly Government Properties Elects New Directors, Updates Exec Pay
Ticker: DEA · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1622194
| Field | Detail |
|---|---|
| Company | Easterly Government Properties, Inc. (DEA) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, management-changes
TL;DR
Easterly Government Properties adds 2 directors, inks new exec pay deals for CEO & CFO.
AI Summary
Easterly Government Properties, Inc. announced on September 13, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, John G. Rice and Robert J. Smith, to its Board, effective immediately. Additionally, the company entered into new employment agreements with its Chief Executive Officer, William C. Kent, and Chief Financial Officer, Paul J. Calamita, detailing their compensation packages.
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 board and executive compensation can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- Easterly Government Properties, Inc. (company) — Registrant
- John G. Rice (person) — Newly elected director
- Robert J. Smith (person) — Newly elected director
- William C. Kent (person) — Chief Executive Officer
- Paul J. Calamita (person) — Chief Financial Officer
- September 13, 2024 (date) — Date of earliest event reported
FAQ
Who were the new directors elected to Easterly Government Properties' Board?
John G. Rice and Robert J. Smith were elected as new directors.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 13, 2024.
What positions do William C. Kent and Paul J. Calamita hold within the company?
William C. Kent is the Chief Executive Officer and Paul J. Calamita is the Chief Financial Officer.
What is the state of incorporation for Easterly Government Properties, Inc.?
Easterly Government Properties, Inc. is incorporated in Maryland.
What is the principal executive office address for Easterly Government Properties, Inc.?
The principal executive offices are located at 2001 K Street NW, Suite 775 North, Washington, District of Columbia, 20006.
Filing Stats: 506 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-09-16 16:39:09
Filing Documents
- dea-20240913.htm (8-K) — 38KB
- 0000950170-24-106876.txt ( ) — 161KB
- dea-20240913.xsd (EX-101.SCH) — 32KB
- dea-20240913_htm.xml (XML) — 5KB
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. EASTERLY GOVERNMENT PROPERTIES, INC. Date: September 16, 2024 By: /s/ Franklin V. Logan Franklin V. Logan Executive Vice President, General Counsel and Secretary