Energy Recovery (ERII) Reports Officer/Director Changes, Comp Arrangements
Ticker: ERII · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1421517
| Field | Detail |
|---|---|
| Company | Energy Recovery, Inc. (ERII) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**ERII just reported executive changes and new pay deals, watch for strategic shifts.**
AI Summary
Energy Recovery, Inc. (ERII) filed an 8-K on January 22, 2024, reporting an event that occurred on January 16, 2024, related to changes in its directors or certain officers and their compensatory arrangements. This filing indicates potential shifts in leadership or executive compensation, which could impact the company's strategic direction and financial performance. Investors should monitor these changes as they may signal new corporate priorities or a re-evaluation of executive incentives, potentially affecting future stock performance.
Why It Matters
Changes in leadership and executive compensation can signal shifts in company strategy or financial health, directly influencing investor confidence and future stock valuation.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensation can introduce uncertainty regarding future company direction and performance, warranting a medium risk assessment.
Analyst Insight
A smart investor would closely monitor subsequent filings or press releases from Energy Recovery, Inc. for specific details regarding the personnel changes and compensation structures, as these will provide clarity on the strategic implications.
Key Players & Entities
- Energy Recovery, Inc. (company) — Registrant filing the 8-K
- January 16, 2024 (date) — Date of the earliest event reported
- January 22, 2024 (date) — Date of the 8-K report
- Delaware (company) — State of incorporation for Energy Recovery, Inc.
- 001-34112 (dollar_amount) — Commission File Number
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 16, 2024.
What specific items are covered under ITEM 5.02 in this 8-K filing?
ITEM 5.02 covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on January 22, 2024.
What is the trading symbol and exchange for Energy Recovery, Inc.'s Common Stock?
The trading symbol for Energy Recovery, Inc.'s Common Stock is ERII, and it is registered on The Nasdaq Stock Market LLC.
What is the business address of Energy Recovery, Inc.?
The business address of Energy Recovery, Inc. is 1717 Doolittle Drive, San Leandro, California 94577.
Filing Stats: 835 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-01-22 07:56:58
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value ERII The Nasdaq Stock Market
Filing Documents
- erii-20240116.htm (8-K) — 31KB
- ex991-pressrelease2024x0122.htm (EX-99.1) — 11KB
- er_logoh4ca.jpg (GRAPHIC) — 17KB
- erii-20240116_g1.jpg (GRAPHIC) — 40KB
- 0001421517-24-000005.txt ( ) — 300KB
- erii-20240116.xsd (EX-101.SCH) — 2KB
- erii-20240116_lab.xml (EX-101.LAB) — 23KB
- erii-20240116_pre.xml (EX-101.PRE) — 12KB
- erii-20240116_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release, issued by Energy Recovery on J anuary 22, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are 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. Energy Recovery, Inc. Date: January 22, 2024 By: /s/ William Yeung William Yeung Chief Legal Officer