MANNATECH 8-K: Officer/Director Changes, Compensation Reported
Ticker: MTEX · Form: 8-K · Filed: Jan 12, 2024 · CIK: 1056358
| Field | Detail |
|---|---|
| Company | Mannatech Inc (MTEX) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $0.6 million, $0.5 million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**MANNATECH filed an 8-K on Jan 12 about executive changes and compensation on Jan 8.**
AI Summary
MANNATECH, INCORPORATED filed an 8-K on January 12, 2024, reporting an event that occurred on January 8, 2024, concerning 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.' This filing indicates changes in key personnel or their compensation, which could signal strategic shifts or impact the company's operational stability. Investors should pay attention to the specific details of these changes, as they can influence future performance and leadership direction.
Why It Matters
Changes in leadership or executive compensation can significantly impact a company's direction, stability, and financial health, directly affecting shareholder value.
Risk Assessment
Risk Level: medium — Changes in executive leadership can introduce uncertainty, but without specific details, the full impact on risk is unclear.
Analyst Insight
Investors should monitor future filings or company press releases for specific details regarding the executive changes and compensation, as these will provide clarity on the strategic implications for MANNATECH, INCORPORATED.
Key Numbers
- $0.0001 — par value per share (par value of MANNATECH's Common Stock)
Key Players & Entities
- MANNATECH, INCORPORATED (company) — the registrant filing the 8-K
- January 8, 2024 (date) — date of the earliest event reported
- January 12, 2024 (date) — date the 8-K was filed
- MTEX (company) — trading symbol for Common Stock
- The Nasdaq Stock Market LLC (company) — exchange where Common Stock is registered
Forward-Looking Statements
- Further details regarding the specific personnel changes and compensation arrangements will be disclosed in subsequent filings or company announcements. (MANNATECH, INCORPORATED) — high confidence, target: 2024-03-31
FAQ
What was the specific item reported in this 8-K filing by MANNATECH, INCORPORATED?
The 8-K filing by MANNATECH, INCORPORATED reported on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' as per the 'ITEM INFORMATION' section.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on January 8, 2024, as stated in the 'Date of report (Date of earliest event reported)' section.
What is the trading symbol and the exchange where MANNATECH, INCORPORATED's Common Stock is registered?
MANNATECH, INCORPORATED's Common Stock trades under the symbol MTEX and is registered on The Nasdaq Stock Market LLC, as indicated under 'Securities Registered Pursuant to Section 12(b) of the Act'.
What is the par value of MANNATECH, INCORPORATED's Common Stock?
The par value of MANNATECH, INCORPORATED's Common Stock is $0.0001 per share, as specified under 'Title of each class' in the 'Securities Registered Pursuant to Section 12(b) of the Act' section.
What is the business address and phone number of MANNATECH, INCORPORATED?
MANNATECH, INCORPORATED's business address is 1410 Lakeside Parkway, Suite 200, Flower Mound, Texas 75028, and their telephone number is (972) 471-7400, according to the 'BUSINESS ADDRESS' and 'Registrant’s Telephone Number' sections.
Filing Stats: 687 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-01-12 16:49:56
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share MTEX The Nasdaq Stock Market
- $0.6 million — t"), the Company made cash donations of $0.6 million to the M5M Foundation for the year ende
- $0.5 million — ny made cash donations of approximately $0.5 million to the M5M Foundation. Mr. Fredrick ser
Filing Documents
- mtex-20240108.htm (8-K) — 24KB
- 0001056358-24-000012.txt ( ) — 146KB
- mtex-20240108.xsd (EX-101.SCH) — 2KB
- mtex-20240108_lab.xml (EX-101.LAB) — 23KB
- mtex-20240108_pre.xml (EX-101.PRE) — 12KB
- mtex-20240108_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. Date: January 12, 2024 MANNATECH, INCORPORATED By: /s/ Alfredo Bala Alfredo Bala Chief Executive Officer