ICF International CEO Employment Agreement Update
Ticker: ICFI · Form: 8-K · Filed: Mar 22, 2024 · CIK: 1362004
| Field | Detail |
|---|---|
| Company | Icf International, INC. (ICFI) |
| Form Type | 8-K |
| Filed Date | Mar 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $650,000 b |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: ICFI
TL;DR
ICFI CEO John Wasson's employment agreement updated, confirming his role and compensation.
AI Summary
On March 20, 2024, ICF International, Inc. announced changes to its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its Chief Executive Officer, John Wasson, effective March 20, 2024. The agreement outlines his continued role and compensation details.
Why It Matters
This filing confirms the continued leadership of the CEO and provides clarity on executive compensation, which can influence investor confidence and company strategy.
Risk Assessment
Risk Level: low — The filing primarily concerns executive employment agreements, which are routine and do not indicate significant operational or financial risks.
Key Players & Entities
- ICF International, Inc. (company) — Registrant
- John Wasson (person) — Chief Executive Officer
- March 20, 2024 (date) — Effective date of CEO employment agreement
FAQ
What is the effective date of the new employment agreement for the CEO?
The new employment agreement for the CEO is effective March 20, 2024.
Who is the Chief Executive Officer of ICF International, Inc.?
John Wasson is the Chief Executive Officer of ICF International, Inc.
What type of filing is this for ICF International, Inc.?
This is a Form 8-K filing for ICF International, Inc.
In which state is ICF International, Inc. incorporated?
ICF International, Inc. is incorporated in Delaware.
What is the principal executive office address for ICF International, Inc.?
The principal executive office address is 1902 Reston Metro Plaza, Reston, Virginia 20190.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-03-22 16:05:15
Key Financial Figures
- $650,000 b — e "Company") was determined by dividing $650,000 by the average closing price per share of
Filing Documents
- icfi20240322_8k.htm (8-K) — 23KB
- 0001437749-24-009043.txt ( ) — 152KB
- icfi-20240320.xsd (EX-101.SCH) — 3KB
- icfi-20240320_def.xml (EX-101.DEF) — 11KB
- icfi-20240320_lab.xml (EX-101.LAB) — 15KB
- icfi-20240320_pre.xml (EX-101.PRE) — 11KB
- icfi20240322_8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On March 20, 2024, Mr. James Morgan was granted a special retention grant in recognition of his role, performance and contributions to the Company in the amount of 4,227 restricted stock units pursuant to the Company's Amended and Restated 2018 Omnibus Incentive Plan (the "Incentive Plan"). The grant, which was approved by the Human Capital Committee (the "Committee") of the Board of Directors of ICF International, Inc. (the "Company") was determined by dividing $650,000 by the average closing price per share of the Company's common stock as reported on Nasdaq for the twenty (20) trading days up to and including March 20, 2024. The restricted stock units have a three (3) year vesting term and are otherwise subject to all of the requirements of the Incentive Plan and Mr. Morgan's execution of a Restricted Stock Unit Award Agreement (the "Agreement"). The full terms of the Agreement and the Incentive Plan have previously been filed, on June 1, 2018, April 21, 2023 and March 13, 2024, respectively.
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. ICF International, Inc. Date: March 22, 2024 By: /s/ James E. Daniel James E. Daniel Executive Vice President