Natural Grocers Files 8-K on Officer/Director Changes
Ticker: NGVC · Form: 8-K · Filed: Oct 25, 2024 · CIK: 1547459
| Field | Detail |
|---|---|
| Company | Natural Grocers By Vitamin Cottage, INC. (NGVC) |
| Form Type | 8-K |
| Filed Date | Oct 25, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $365,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, governance, officer-appointment, director-election
Related Tickers: NGVC
TL;DR
NGVC filed an 8-K for officer/director changes - keep an eye on leadership moves.
AI Summary
Natural Grocers by Vitamin Cottage, Inc. filed an 8-K on October 25, 2024, reporting events as of October 21, 2024. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. Specific details regarding names, dollar amounts, and exact dates of these changes were not provided in the initial header information.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in key personnel and board composition can introduce uncertainty regarding future strategy and performance.
Key Players & Entities
- Natural Grocers by Vitamin Cottage, Inc. (company) — Registrant
- October 25, 2024 (date) — Filing Date
- October 21, 2024 (date) — Earliest Event Date
FAQ
What specific changes occurred regarding directors or officers?
The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers, but the specific names and details are not in the provided header.
When were these changes effective?
The earliest event reported was on October 21, 2024.
What is the company's principal executive office address?
The address is 12612 West Alameda Parkway, Lakewood, Colorado 80228.
What is the company's telephone number?
The telephone number is (303) 986-4600.
What is the SIC code for Natural Grocers by Vitamin Cottage, Inc.?
The Standard Industrial Classification (SIC) code is 5411 for Grocery Stores.
Filing Stats: 470 words · 2 min read · ~2 pages · Grade level 13.7 · Accepted 2024-10-25 16:36:01
Key Financial Figures
- $0.001 — ge on which registered Common Stock , $0.001 par value NGVC New York Stock Excha
- $365,000 — arrangements: (i) a cash bonus award of $365,000 to Heather Isely, the Company's Executi
Filing Documents
- ngvc20241022_8k.htm (8-K) — 22KB
- 0001437749-24-032143.txt ( ) — 150KB
- ngvc-20241021.xsd (EX-101.SCH) — 3KB
- ngvc-20241021_def.xml (EX-101.DEF) — 11KB
- ngvc-20241021_lab.xml (EX-101.LAB) — 15KB
- ngvc-20241021_pre.xml (EX-101.PRE) — 11KB
- ngvc20241022_8k_htm.xml (XML) — 3KB
From the Filing
ngvc20241022_8k.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): October 25, 2024 ( October 21, 2024 ) Natural Grocers by Vitamin Cottage, Inc. (Exact name of registrant as specified in its charter) Delaware 001-35608 45-5034161 (State or other jurisdiction of incorporation) (Commission File No.) (IRS Employer Identification No.) 12612 West Alameda Parkway Lakewood , Colorado 80228 (Address of principal executive offices) (Zip Code) ( 303 ) 986-4600 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of each exchange on which registered Common Stock , $0.001 par value NGVC New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers. On October 21, 2024, the Compensation Committee of the Board of Directors of Natural Grocers by Vitamin Cottage, Inc. (the "Company") approved the following compensatory arrangements: (i) a cash bonus award of $365,000 to Heather Isely, the Company's Executive Vice President and Corporate Secretary; (ii) a cash bonus award of $365,000 to Elizabeth Isely, the Company's Executive Vice President; and (iii) a cash bonus award of $365,000 to Todd Dissinger, the Company's Chief Financial Officer. The aforementioned cash bonus awards were discretionary in nature and were not paid pursuant to any non-equity incentive plan. SIGNATURE 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. Dated: October 25, 2024 Natural Grocers by Vitamin Cottage, Inc. By: /s/ Kemper Isely Name: Kemper Isely Title: Co-President