Digimarc Corp Files 8-K on Director and Officer Changes
Ticker: DMRC · Form: 8-K · Filed: Oct 3, 2024 · CIK: 1438231
| Field | Detail |
|---|---|
| Company | Digimarc Corp (DMRC) |
| Form Type | 8-K |
| Filed Date | Oct 3, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $50,000, $200,000, $68,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: DMRC
TL;DR
Digimarc's board is changing, with new directors and updated exec pay. Keep an eye on this.
AI Summary
On September 28, 2024, Digimarc Corporation filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers. Specific financial details or dollar amounts related to these changes were not provided in the excerpt.
Why It Matters
Changes in a company's board of directors and executive compensation can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate internal shifts that may affect the company's direction and performance.
Key Numbers
- 001-34108 — SEC File Number (Identifies the specific SEC filing for Digimarc Corporation.)
- 26-2828185 — IRS Employer Identification No. (Tax identification number for Digimarc Corporation.)
Key Players & Entities
- Digimarc Corporation (company) — Registrant
- September 28, 2024 (date) — Date of earliest event reported
- Oregon (location) — State of incorporation
- Beaverton (location) — Principal executive offices city
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of new directors, but the specific names and details of their appointments are not provided in this excerpt.
Were there any changes to executive officer positions?
The filing mentions 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers,' suggesting potential changes, but specific details are not in the provided text.
What are the details of the updated compensatory arrangements?
The filing notes 'Compensatory Arrangements of Certain Officers' but does not provide specific dollar amounts or terms in this excerpt.
What is the significance of the 'Regulation FD Disclosure' item?
This item indicates that the filing may contain disclosures made to comply with Regulation Fair Disclosure, ensuring that material information is broadly disseminated.
What is the primary business of Digimarc Corporation?
Digimarc Corporation is classified under 'SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN' with SIC code 7373.
Filing Stats: 1,210 words · 5 min read · ~4 pages · Grade level 10.9 · Accepted 2024-10-03 06:05:53
Key Financial Figures
- $0.001 — nge on Which Registered Common Stock, $0.001 Par Value Per Share DMRC The NASDAQ
- $50,000 — r service on the Board in the amount of $50,000, which is paid quarterly in arrears. Mr
- $200,000 — ing an aggregate value of approximately $200,000 per director. These shares vest over th
- $68,000 — ing an aggregate value of approximately $68,000 per director that will vest on the anni
Filing Documents
- d900055d8k.htm (8-K) — 29KB
- d900055dex991.htm (EX-99.1) — 9KB
- g900055g1003090827737.jpg (GRAPHIC) — 2KB
- 0001193125-24-231566.txt ( ) — 164KB
- dmrc-20240928.xsd (EX-101.SCH) — 3KB
- dmrc-20240928_lab.xml (EX-101.LAB) — 17KB
- dmrc-20240928_pre.xml (EX-101.PRE) — 11KB
- d900055d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release issued by the Company, dated October 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. Date: October 3, 2024 By: /s/ George Karamanos George Karamanos Executive Vice President, Chief Legal Officer and Secretary