Lithia Motors Files 8-K on Officer/Director Changes & Financials
Ticker: LAD · Form: 8-K · Filed: Apr 15, 2025 · CIK: 1023128
| Field | Detail |
|---|---|
| Company | Lithia Motors INC (LAD) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, financial-reporting
Related Tickers: LAD
TL;DR
LAD 8-K: Leadership shakeup and financials filed 4/15.
AI Summary
Lithia Motors, Inc. filed an 8-K on April 15, 2025, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also includes financial statements and exhibits, with the report period and date of change both being April 15, 2025.
Why It Matters
This filing provides updates on the company's leadership and financial reporting, which are crucial for investors to understand the company's governance and financial health.
Risk Assessment
Risk Level: low — This is a routine corporate filing detailing leadership changes and financial statements, not indicating any immediate operational or financial distress.
Key Players & Entities
- LITHIA MOTORS INC (company) — Registrant
- 0001023128-25-000045 (filing_id) — Accession Number
- April 15, 2025 (date) — Report Date
- Oregon (location) — State of Incorporation
- 930572810 (ein) — Employer Identification Number
- 150 N. Bartlett Street Medford Oregon 97501 (address) — Principal Executive Offices
- 541-776-6401 (phone) — Business Phone
FAQ
What specific officer or director positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers,' but the specific names and roles are not detailed in the provided excerpt.
What is the significance of the 'Compensatory Arrangements of Certain Officers' mentioned in the filing?
This item typically relates to the compensation, bonuses, or equity awards provided to the company's key executives, which can impact shareholder value and company performance.
Are the financial statements included in this filing audited?
The filing states 'Financial Statements and Exhibits' are included, but it does not specify whether they are audited or unaudited in the provided text.
What is the primary business of Lithia Motors, Inc.?
Lithia Motors, Inc. is in the business of 'RETAIL-AUTO DEALERS & GASOLINE STATIONS' as indicated by its Standard Industrial Classification code.
When is Lithia Motors, Inc.'s fiscal year end?
Lithia Motors, Inc.'s fiscal year ends on December 31st.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 15, 2025 regarding LITHIA MOTORS INC (LAD).