Luminar Technologies Director Resigns
Ticker: LAZRQ · Form: 8-K · Filed: Dec 12, 2024 · CIK: 1758057
Sentiment: neutral
Topics: director-departure, board-changes
Related Tickers: LAZR
TL;DR
Austin Russell is OUT as a Luminar Director. Board seat open.
AI Summary
Luminar Technologies, Inc. announced on December 6, 2024, a change in its Board of Directors. Specifically, Mr. Austin Russell has resigned from his position as Director, effective immediately. The company has not yet appointed a replacement for his board seat.
Why It Matters
The departure of a key figure like Austin Russell, a founder, could signal internal shifts or strategic realignments within the company.
Risk Assessment
Risk Level: medium — Director resignations can sometimes indicate underlying issues or strategic disagreements within a company, warranting closer observation.
Key Players & Entities
- Luminar Technologies, Inc. (company) — The company filing the report.
- Austin Russell (person) — Director who resigned.
- December 6, 2024 (date) — Effective date of resignation.
FAQ
Who is Austin Russell in relation to Luminar Technologies?
Austin Russell was a Director on the Board of Luminar Technologies, Inc.
When did Austin Russell's resignation become effective?
Austin Russell's resignation was effective as of December 6, 2024.
Has Luminar Technologies appointed a replacement for Austin Russell's board seat?
The filing does not state that a replacement has been appointed for Austin Russell's board seat.
What is the filing form type?
The filing form type is an 8-K.
What is the principal executive office address for Luminar Technologies?
The principal executive office address is 2603 Discovery Drive, Suite 100, Orlando, Florida 32826.
Filing Stats: 607 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2024-12-12 17:25:28
Key Financial Figures
- $0.0001 — red Class A Common Stock, par value of $0.0001 per share LAZR The Nasdaq Stock Market
- $300,000 — greement, dated November 7, 2023: (i) a $300,000 severance payment; and (ii) 55,000 rest
Filing Documents
- lazr-20241206.htm (8-K) — 24KB
- 0001628280-24-051082.txt ( ) — 148KB
- lazr-20241206.xsd (EX-101.SCH) — 2KB
- lazr-20241206_lab.xml (EX-101.LAB) — 22KB
- lazr-20241206_pre.xml (EX-101.PRE) — 13KB
- lazr-20241206_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. Luminar Technologies, Inc. Date: December 12, 2024 By: /s/ Thomas J. Fennimore Name: Thomas J. Fennimore Title: Chief Financial Officer