LFTD Partners Inc. Reports Director and Officer Changes
Ticker: LIFD · Form: 8-K · Filed: Aug 26, 2024 · CIK: 1391135
Sentiment: neutral
Topics: management-change, compensation
TL;DR
LFTD Partners Inc. shakes up leadership and compensation plans.
AI Summary
LFTD PARTNERS INC. announced on August 20, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside adjustments to compensatory plans.
Why It Matters
Changes in leadership and compensation can signal shifts in company strategy or financial health, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and director roles can introduce uncertainty about future strategy and operational stability.
Key Players & Entities
- LFTD PARTNERS INC. (company) — Registrant
- August 20, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 14155 Pine Island Drive, Jacksonville, FL (address) — Business and mail address
FAQ
What specific roles have been affected by the departure of officers?
The filing indicates the departure of certain officers, but does not specify the exact roles in this section of the 8-K.
Who are the newly elected directors?
The filing states the election of directors but does not list their names in this summary section.
What are the key changes in the compensatory arrangements?
The filing mentions adjustments to compensatory arrangements for certain officers but does not detail the specifics of these changes.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated August 20, 2024.
What is the primary business of LFTD PARTNERS INC. according to the filing?
The Standard Industrial Classification code indicates the company is in 'PHARMACEUTICAL PREPARATIONS [2834]'.
Filing Stats: 426 words · 2 min read · ~1 pages · Grade level 10.7 · Accepted 2024-08-23 17:44:50
Filing Documents
- lsfp-20240820.htm (8-K) — 16KB
- 0001096906-24-001799.txt ( ) — 140KB
- lsfp-20240820_def.xml (EX-101.DEF) — 2KB
- lsfp-20240820_lab.xml (EX-101.LAB) — 20KB
- lsfp-20240820_pre.xml (EX-101.PRE) — 13KB
- lsfp-20240820.xsd (EX-101.SCH) — 2KB
- lsfp-20240820_htm.xml (XML) — 2KB
02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. 5.02(d) On August 20, 2024, the Board of Directors of LFTD Partners Inc. appointed Sharial Howard to fill a vacancy to serve as the ninth member of LFTD Partners Inc.'s nine-member Board of Directors, formally accepted by Ms. Howard on August 20, 2024. Ms. Sharial Howard , 43, is a reputable, Senior Real Estate Professional with @properties Christie's International Real Estate in the Chicago/Chicagoland area where she practices residential and commercial real estate. She has a 15-year real estate law background composed of 5 years in residential real estate law and 10 years in commercial real estate law. She holds the Accredited Buyer Representative Designation and is a Certified Pricing Strategy Advisor and Certified Real Estate Negotiation Expert. She is a member of the Chicago Association of REALTORS, Illinois REALTORS and the National Association of REALTORS and has been featured in CS Magazine, Crain's Chicago Business Magazine, Chicago Real Producers Magazine and N'Digo Magazine for her contributions in the real estate industry. Sharial is a proud graduate of the University of Illinois at Urbana-Champaign.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized. LFTD PARTNERS INC.. /s/ Gerard M. Jacobs Gerard M. Jacobs Chief Executive Officer Dated: August 23, 2024 1