Gladstone Capital Corp Elects Directors, Amends Equity Plan
Ticker: GLAD · Form: 8-K · Filed: Aug 22, 2024 · CIK: 1143513
| Field | Detail |
|---|---|
| Company | Gladstone Capital Corp (GLAD) |
| Form Type | 8-K |
| Filed Date | Aug 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-compensation, board-of-directors
Related Tickers: GLAD
TL;DR
GLAD board shakeup and pay plan changes announced Aug 22.
AI Summary
Gladstone Capital Corporation (GLAD) announced on August 22, 2024, the election of new directors and changes in officer compensation. Specifically, Michael L. Bartley and David L. Gladstone were elected as Class II directors, and the company also approved amendments to its 2021 Equity Incentive Plan, impacting compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation plans can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance matters like director elections and compensation plan amendments, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- Gladstone Capital Corporation (company) — Registrant
- Michael L. Bartley (person) — Elected Class II Director
- David L. Gladstone (person) — Elected Class II Director
- August 22, 2024 (date) — Date of Report
- 2021 Equity Incentive Plan (plan) — Amended compensatory arrangement
FAQ
Who were the individuals elected as Class II directors for Gladstone Capital Corporation?
Michael L. Bartley and David L. Gladstone were elected as Class II directors.
What is the date of this current report filing?
The date of the report is August 22, 2024.
What specific item information is being reported under Section 13 or 15(d) of the Securities Exchange Act of 1934?
The filing reports on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; and Compensatory Arrangements of Certain Officers, as well as Financial Statements and Exhibits.
What is the principal executive office address for Gladstone Capital Corporation?
The principal executive offices are located at 1521 Westbranch Drive, Suite 100, McLean, Virginia 22102.
What specific compensatory arrangement was amended by Gladstone Capital Corporation?
Gladstone Capital Corporation approved amendments to its 2021 Equity Incentive Plan.
Filing Stats: 561 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-08-22 16:32:33
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share GLAD The Nasdaq
Filing Documents
- d227586d8k.htm (8-K) — 27KB
- d227586dex991.htm (EX-99.1) — 3KB
- g227586g0822213021163.jpg (GRAPHIC) — 4KB
- 0001193125-24-205389.txt ( ) — 193KB
- glad-20240822.xsd (EX-101.SCH) — 4KB
- glad-20240822_def.xml (EX-101.DEF) — 13KB
- glad-20240822_lab.xml (EX-101.LAB) — 22KB
- glad-20240822_pre.xml (EX-101.PRE) — 14KB
- d227586d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated August 22, 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. Dated: August 22, 2024 GLADSTONE CAPITAL CORPORATION By: /s/ Nicole Schaltenbrand Nicole Schaltenbrand Chief Financial Officer & Treasurer