Spirit Airlines Board & Executive Changes Announced
Ticker: FLYYQ · Form: 8-K · Filed: Apr 19, 2024 · CIK: 1498710
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: SAVE
TL;DR
Spirit Airlines shakes up board and exec pay. Big changes coming?
AI Summary
Spirit Airlines, Inc. announced on April 18, 2024, changes in its board of directors and executive compensation. The filing details the departure of certain officers and the election of new directors, alongside adjustments to compensatory arrangements for key executives. These changes are effective as of April 18, 2024.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate underlying issues or strategic shifts that may affect the company's future performance and stability.
Key Numbers
- 001-35186 — SEC File Number (Identifies Spirit Airlines' filing with the SEC.)
- 38-1747023 — IRS Employer Identification Number (Tax identification number for Spirit Airlines.)
Key Players & Entities
- Spirit Airlines, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Miramar, Florida (location) — Principal Executive Address
FAQ
What specific roles have been affected by the departure of certain officers?
The filing indicates changes in the roles of certain officers but does not specify the exact positions that have been vacated or altered.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names.
What are the key details of the compensatory arrangements for certain officers?
The filing states that compensatory arrangements have been adjusted but does not provide specific details on the nature or value of these adjustments.
What is the effective date of these board and executive changes?
The earliest event reported is April 18, 2024, and the date of the report is April 19, 2024, indicating these changes are effective around April 18, 2024.
Does this filing relate to any specific financial statements or exhibits?
Yes, the filing explicitly lists 'Financial Statements and Exhibits' as an item information, indicating that related documents are included.
Filing Stats: 495 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-04-19 17:05:30
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value SAVE New York Stock Exchange
Filing Documents
- save-20240418.htm (8-K) — 24KB
- 0001498710-24-000158.txt ( ) — 145KB
- save-20240418.xsd (EX-101.SCH) — 2KB
- save-20240418_lab.xml (EX-101.LAB) — 22KB
- save-20240418_pre.xml (EX-101.PRE) — 12KB
- save-20240418_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits The following is furnished as an exhibit to this report and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act: Exhibit No. Description 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, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 19, 2024 SPIRIT AIRLINES, INC. By: /s/ Thomas Canfield Name: Thomas Canfield Title: Senior Vice President and General Counsel