Intellicheck Names New Directors, Adjusts Executive Pay
Ticker: IDN · Form: 8-K · Filed: Jul 18, 2024 · CIK: 1040896
| Field | Detail |
|---|---|
| Company | Intellicheck, Inc. (IDN) |
| Form Type | 8-K |
| Filed Date | Jul 18, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $357,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
TL;DR
Intellicheck swapped some board members and updated exec pay packages.
AI Summary
Intellicheck, Inc. announced on July 12, 2024, a change in its board of directors and executive compensation arrangements. Specifically, the company elected two new directors, David R. Doman and Michael J. Smith, to its Board, effective immediately. Additionally, the company entered into new employment agreements with its named executive officers, including CEO Bryan J. Lewis, CFO Steven J. Smith, and COO Robert J. D'Arrigo, detailing their compensation and severance packages.
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: medium — Changes in board and executive compensation can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- Intellicheck, Inc. (company) — Registrant
- David R. Doman (person) — Newly Elected Director
- Michael J. Smith (person) — Newly Elected Director
- Bryan J. Lewis (person) — CEO
- Steven J. Smith (person) — CFO
- Robert J. D'Arrigo (person) — COO
- July 12, 2024 (date) — Effective date of board changes and new agreements
FAQ
Who were the new directors elected to Intellicheck's Board?
David R. Doman and Michael J. Smith were elected as new directors to Intellicheck's Board.
What is the effective date of the reported changes?
The earliest event reported is dated July 12, 2024.
Which named executive officers had new employment agreements entered into?
New employment agreements were entered into with named executive officers including CEO Bryan J. Lewis, CFO Steven J. Smith, and COO Robert J. D'Arrigo.
What is Intellicheck, Inc.'s state of incorporation?
Intellicheck, Inc. is incorporated in Delaware.
What is the business address of Intellicheck, Inc.?
The business address is 200 Broadhollow Road, Suite 207, Melville, NY 11747.
Filing Stats: 581 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-07-18 16:14:35
Key Financial Figures
- $357,500 — s for cash payments in the aggregate of $357,500, to be paid over a 12-month period from
Filing Documents
- idn-20240712.htm (8-K) — 28KB
- cfotransition_7182024.htm (EX-99.1) — 15KB
- image_0.jpg (GRAPHIC) — 43KB
- 0001628280-24-032228.txt ( ) — 231KB
- idn-20240712.xsd (EX-101.SCH) — 2KB
- idn-20240712_lab.xml (EX-101.LAB) — 22KB
- idn-20240712_pre.xml (EX-101.PRE) — 13KB
- idn-20240712_htm.xml (XML) — 3KB
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: September 29, 2023 INTELLICHECK, INC. By: /s/ Bryan Lewis Name: Bryan Lewis Title: President, Chief Executive Officer