National Presto Industries Files 8-K
Ticker: NPK · Form: 8-K · Filed: May 15, 2024 · CIK: 80172
Sentiment: neutral
Topics: financial-statements, exhibits, sec-filing
Related Tickers: NPK
TL;DR
NPK filed an 8-K with financial docs, nothing major to report.
AI Summary
On May 10, 2024, National Presto Industries, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or other significant business updates detailed in the provided text. The company, incorporated in Wisconsin, maintains its principal executive office in Eau Claire.
Why It Matters
This 8-K filing indicates that National Presto Industries is providing updated financial statements and exhibits to the SEC, which is standard procedure for public companies.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, indicating no immediate or significant new risks.
Key Players & Entities
- National Presto Industries, Inc. (company) — Registrant
- Wisconsin (location) — State of incorporation
- Eau Claire (location) — City of principal executive office
FAQ
What is the primary purpose of this 8-K filing for National Presto Industries, Inc.?
The primary purpose of this 8-K filing is to report 'Other Events' and to provide 'Financial Statements and Exhibits'.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on May 10, 2024.
In which state is National Presto Industries, Inc. incorporated?
National Presto Industries, Inc. is incorporated in Wisconsin.
What is the address of National Presto Industries, Inc.'s principal executive office?
The address of the principal executive office is 3925 North Hastings Way, Eau Claire, Wisconsin 54703-3703.
What is the company's telephone number?
The company's telephone number, including area code, is 715-839-2121.
Filing Stats: 708 words · 3 min read · ~2 pages · Grade level 13.4 · Accepted 2024-05-15 16:23:52
Key Financial Figures
- $1.00 — nge on which registered Common Stock , $1.00 par value NPK New York Stock Exchan
- $48 million — ward has a total value of approximately $48 million. A press release describing the award i
Filing Documents
- npk20240515_8k.htm (8-K) — 25KB
- ex_675067.htm (EX-99.1) — 6KB
- 0001437749-24-017079.txt ( ) — 163KB
- npk-20240510.xsd (EX-101.SCH) — 3KB
- npk-20240510_def.xml (EX-101.DEF) — 11KB
- npk-20240510_lab.xml (EX-101.LAB) — 15KB
- npk-20240510_pre.xml (EX-101.PRE) — 11KB
- npk20240515_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events On May 14, 2024, the Registrant announced that the U.S. Army awarded AMTEC Corporation, its wholly-owned subsidiary, a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract for production of its 40mm M918E2 High Velocity Target Practice – Day/Night/Thermal (TP-DNT) cartridge. Additionally, Spectra Technologies, LLC, a wholly owned subsidiary within National Defense Corporation, National Presto Industries' Defense segment holding company, received a follow on subcontract for production of the warhead for the tube-launched, optically-tracked, wireless-guided TOW 2B missile. The award has a total value of approximately $48 million. A press release describing the award is filed as Exhibit 99.1 to this Form 8K. Such Exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release of National Presto Industries, Inc. dated May 14, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Forward looking statements in this Form 8-K are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward looking statements involve risks and uncertainty. In addition to the factors discussed above, among the other factors that could cause actual results to differ materially are the following: government defense spending and defense requirements; termination for the convenience of the government; interest rates; continuity of relationships with and purchases by the United States Government and other major customers; unexpected problems or events experienced by subcontractors, team members, or their respective suppliers or subcontractors; product mix; competitive pressure on pricing; increases in material, freight/shipping, labor or other production costs that cannot be recouped through pricing; and such other factors as may be described from time to time in the Registrant's SEC filings. 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. National Presto Industries, Inc. Date: May 15, 2024 By: /s/ Maryjo Cohen (Signature) Maryjo Cohen, President and Chief Executive Officer