MIND Technology Announces Board and Executive Changes
Ticker: MIND · Form: 8-K · Filed: Jan 29, 2025 · CIK: 926423
| Field | Detail |
|---|---|
| Company | Mind Technology, INC (MIND) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $270,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
TL;DR
MIND Tech board shakeup and exec comp changes filed.
AI Summary
MIND Technology, Inc. announced on January 24, 2025, changes related to its board of directors and executive compensation. The filing details the departure of a director, the election of a new director, and updates to compensatory arrangements for certain officers.
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 directorship and executive compensation can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- MIND Technology, Inc. (company) — Registrant
- January 24, 2025 (date) — Date of earliest event reported
FAQ
Who is the departing director and why did they leave?
The filing indicates the departure of a director, but does not specify the name or reason for departure in the provided text.
Who is the newly elected director?
The filing states the election of a director, but the name of the individual is not provided in the accessible text.
What specific changes were made to compensatory arrangements for officers?
The filing mentions updates to compensatory arrangements for certain officers, but the details of these changes are not specified in the provided text.
What is the effective date of these board and executive changes?
The earliest event reported is dated January 24, 2025.
What is MIND Technology, Inc.'s fiscal year end?
MIND Technology, Inc.'s fiscal year ends on January 31.
Filing Stats: 1,034 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2025-01-29 16:18:15
Key Financial Figures
- $270,000 — ed. Currently, Mr. Cox's Base Salary is $270,000 which amounts may be increased, but not
Filing Documents
- mind20250129_8k.htm (8-K) — 38KB
- ex_772060.htm (EX-10.1) — 93KB
- 0001437749-25-002145.txt ( ) — 303KB
- mind-20250124.xsd (EX-101.SCH) — 4KB
- mind-20250124_def.xml (EX-101.DEF) — 13KB
- mind-20250124_lab.xml (EX-101.LAB) — 18KB
- mind-20250124_pre.xml (EX-101.PRE) — 13KB
- mind20250129_8k_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed as a part of this report: Exhibit No. Description 10.1 Employment Agreement, dated as of January 24, 2025, by and between the Company and Mark A. Cox. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. MIND Technology, Inc. January 29, 2025 By: /s/ Robert P. Capps Name: Robert P. Capps Title: President and Chief Executive Officer