FutureFuel Corp. Announces Board Changes and Executive Compensation Details
Ticker: FF · Form: 8-K · Filed: Aug 20, 2024 · CIK: 1337298
| Field | Detail |
|---|---|
| Company | Futurefuel CORP. (FF) |
| Form Type | 8-K |
| Filed Date | Aug 20, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: FUTURE
TL;DR
FutureFuel board shakeup: Michael Riffle out, David Riffle in. Exec comp details also filed.
AI Summary
FutureFuel Corp. announced on August 16, 2024, a change in its board of directors, with the departure of Director Michael R. Riffle and the election of new Director David M. Riffle. The company also reported on compensatory arrangements for its named executive officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation are crucial for understanding management incentives and potential shareholder value.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive compensation disclosures, with no immediate financial or operational risks indicated.
Key Players & Entities
- FutureFuel Corp. (company) — Registrant
- Michael R. Riffle (person) — Departing Director
- David M. Riffle (person) — Newly Elected Director
- August 16, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from FutureFuel Corp.'s board of directors?
Michael R. Riffle has departed from FutureFuel Corp.'s board of directors.
Who has been elected as a new director to FutureFuel Corp.'s board?
David M. Riffle has been elected as a new director to FutureFuel Corp.'s board.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is August 16, 2024.
What specific items are being reported in this Form 8-K?
This Form 8-K reports on the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
What is FutureFuel Corp.'s principal executive office address?
FutureFuel Corp.'s principal executive office is located at 8235 Forsyth Blvd., Suite 400, St. Louis, Missouri 63105.
Filing Stats: 986 words · 4 min read · ~3 pages · Grade level 12.6 · Accepted 2024-08-20 08:30:10
Key Financial Figures
- $500,000 — written notice; Annual base salary of $500,000 and a target annual bonus equal to 50%
Filing Documents
- ff20240819_8k.htm (8-K) — 32KB
- ex_716111.htm (EX-10.1) — 84KB
- ex_716126.htm (EX-99.1) — 11KB
- logo.jpg (GRAPHIC) — 5KB
- 0001437749-24-027303.txt ( ) — 288KB
- ff-20240816.xsd (EX-101.SCH) — 3KB
- ff-20240816_def.xml (EX-101.DEF) — 11KB
- ff-20240816_lab.xml (EX-101.LAB) — 15KB
- ff-20240816_pre.xml (EX-101.PRE) — 11KB
- ff20240819_8k_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibit EXHIBIT NUMBER DESCRIPTION 10.1 Employment Agreement, dated August 16, 2024, by and between Roeland Polet and FutureFuel Corp. 99.1 Press Release dated August 20, 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. FUTUREFUEL CORP. By: /s/ Rose M. Sparks Rose M. Sparks, Chief Financial Officer Date: August 20, 2024