Frequency Electronics Announces Board Changes and Compensation Updates
Ticker: FEIM · Form: 8-K · Filed: Dec 5, 2024 · CIK: 39020
| Field | Detail |
|---|---|
| Company | Frequency Electronics INC (FEIM) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, board-changes, executive-compensation
TL;DR
Frequency Electronics shakes up its board and adjusts exec pay.
AI Summary
Frequency Electronics, Inc. announced on December 4, 2024, a series of corporate actions including the departure of a director, the election of new directors, and updates to executive compensatory arrangements. The company also disclosed financial statements and exhibits as part of this Form 8-K filing.
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 primarily concerns routine corporate governance updates and financial disclosures, with no immediate indication of significant financial distress or operational disruption.
Key Players & Entities
- FREQUENCY ELECTRONICS, INC. (company) — Registrant
- December 4, 2024 (date) — Date of Earliest Event Reported
- Delaware (jurisdiction) — State of incorporation
- 55 Charles Lindbergh Blvd. (address) — Principal executive offices
- Mitchel Field (city) — Principal executive offices
- NY (state) — Principal executive offices
- 11553 (zip_code) — Principal executive offices
- 5167944500 (phone_number) — Registrant's telephone number
FAQ
What specific corporate actions were reported by Frequency Electronics, Inc. on December 4, 2024?
Frequency Electronics, Inc. reported the departure of a director, the election of new directors, and updates to compensatory arrangements of certain officers.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is December 4, 2024.
In which state was Frequency Electronics, Inc. incorporated?
Frequency Electronics, Inc. was incorporated in Delaware.
What is the principal executive office address for Frequency Electronics, Inc.?
The principal executive office address is 55 Charles Lindbergh Blvd., Mitchel Field, NY 11553.
What is the registrant's telephone number, including area code?
The registrant's telephone number is (516) 794-4500.
Filing Stats: 711 words · 3 min read · ~2 pages · Grade level 9.5 · Accepted 2024-12-05 16:00:47
Key Financial Figures
- $1.00 — ch registered Common Stock (par value $1.00 per share) FEIM NASDAQ Global Marke
Filing Documents
- freqelec20241205_8k.htm (8-K) — 29KB
- ex_754285.htm (EX-99.1) — 12KB
- 0001185185-24-001180.txt ( ) — 166KB
- feim-20241204.xsd (EX-101.SCH) — 3KB
- feim-20241204_lab.xml (EX-101.LAB) — 20KB
- feim-20241204_pre.xml (EX-101.PRE) — 11KB
- freqelec20241205_8k_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On December 5, 2024, the Company issued a press release announcing the appointment of Dr. McClelland to the Board. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 7.01 by reference. In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release issued on December 5, 2024. 104 Cover Page Interactive Data File (formatted in Inline XBRL).
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. FREQUENCY ELECTRONICS, INC. By: /s/ Steven Bernstein Steven Bernstein Chief Financial Officer, Secretary and Treasurer Dated: December 5, 2024