Intrusion Inc. Appoints New Director
Ticker: INTZ · Form: 8-K · Filed: Nov 12, 2024 · CIK: 736012
| Field | Detail |
|---|---|
| Company | Intrusion Inc (INTZ) |
| Form Type | 8-K |
| Filed Date | Nov 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-appointment, governance
Related Tickers: INTR
TL;DR
INTRUSION INC adds Michael L. Gallagher to the board. New blood incoming.
AI Summary
Intrusion Inc. announced on November 11, 2024, a change in its board of directors. Specifically, Mr. Michael L. Gallagher has been appointed as a new director, effective November 11, 2024. This appointment is part of the company's ongoing efforts to strengthen its governance and strategic direction.
Why It Matters
The addition of a new director can signal a shift in company strategy or governance, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: low — The appointment of a new director is a routine corporate governance event with typically low immediate risk.
Key Players & Entities
- Intrusion Inc. (company) — The company filing the report.
- Michael L. Gallagher (person) — Newly appointed director.
- November 11, 2024 (date) — Effective date of the director's appointment.
FAQ
Who is Michael L. Gallagher and what is his background?
The filing does not provide specific details about Michael L. Gallagher's background or qualifications, only that he has been appointed as a director.
What is the total number of directors on Intrusion Inc.'s board after this appointment?
The filing does not explicitly state the total number of directors on the board after Mr. Gallagher's appointment.
Are there any other changes to the board of directors mentioned in this filing?
This specific filing focuses on the appointment of Michael L. Gallagher; no other board changes are detailed.
What is the effective date of Michael L. Gallagher's appointment?
Michael L. Gallagher's appointment is effective as of November 11, 2024.
Does this filing mention any compensation arrangements for the new director?
The filing indicates 'Compensatory Arrangements of Certain Officers' as an item, but does not provide specific details regarding compensation for Mr. Gallagher in this excerpt.
Filing Stats: 453 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-11-12 07:41:50
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share INTZ NASDAQ Capit
Filing Documents
- intrusion_8k.htm (8-K) — 25KB
- 0001683168-24-007837.txt ( ) — 196KB
- intz-20241111.xsd (EX-101.SCH) — 3KB
- intz-20241111_lab.xml (EX-101.LAB) — 33KB
- intz-20241111_pre.xml (EX-101.PRE) — 24KB
- intrusion_8k_htm.xml (XML) — 4KB
02. Departure of Directors or
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 11 , 2023, James F. Gero, a director of Intrusion Inc. (the "Company), notified the Board of Directors (the "Board) of his decision to resign from the Board effective November 20, 2024. After decades of service on the Board, Mr. Gero has indicated that his decision to resign was the result of his plans to begin full-time retirement at age 80 after almost 60 years of active professional life. Effective upon Mr. Gero's resignation as a director, the size of the Company's Board will be reduced from six to five directors. 2 SIGNATURE 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. Intrusion, Inc. Dated: November 12, 2024 By: /s/ Kimberly Pinson Kimberly Pinson Chief Financial Officer \ 3