Park Aerospace Corp. Reports Director and Officer Changes
Ticker: PKE · Form: 8-K · Filed: Nov 7, 2024 · CIK: 76267
| Field | Detail |
|---|---|
| Company | Park Aerospace Corp (PKE) |
| Form Type | 8-K |
| Filed Date | Nov 7, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, governance, officer-appointment
TL;DR
Park Aerospace Corp. is shuffling its board and execs, effective Nov 1st.
AI Summary
Park Aerospace Corp. filed an 8-K on November 7, 2024, reporting changes effective November 1, 2024. The filing details the departure of directors or certain officers, the election of new directors, and the appointment of certain officers, along with updates to compensatory arrangements for these individuals.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can indicate internal shifts that may impact future performance.
Key Players & Entities
- PARK AEROSPACE CORP. (company) — Registrant
- November 1, 2024 (date) — Effective date of reported changes
- November 7, 2024 (date) — Filing date of the 8-K
FAQ
What specific roles have been affected by the director and officer changes?
The filing indicates changes related to the departure of directors or certain officers, election of directors, and appointment of certain officers, but does not specify the exact roles within this summary.
Are there any details on the new compensation arrangements for the officers?
The filing mentions updates to 'Compensatory Arrangements of Certain Officers' but does not provide specific details on the new arrangements in the provided text.
When were these changes officially effective?
The changes reported in the 8-K were effective as of November 1, 2024.
What is the primary business of Park Aerospace Corp.?
Park Aerospace Corp. is in the business of Aircraft Part & Auxiliary Equipment, NEC, with SIC code 3728.
Where is Park Aerospace Corp. headquartered?
The principal executive offices of Park Aerospace Corp. are located at 1400 Old Country Road, Westbury, New York 11590.
Filing Stats: 435 words · 2 min read · ~1 pages · Grade level 12.1 · Accepted 2024-11-07 13:32:33
Filing Documents
- pke20241107_8k.htm (8-K) — 27KB
- 0001437749-24-033852.txt ( ) — 155KB
- pke-20241101.xsd (EX-101.SCH) — 3KB
- pke-20241101_def.xml (EX-101.DEF) — 11KB
- pke-20241101_lab.xml (EX-101.LAB) — 15KB
- pke-20241101_pre.xml (EX-101.PRE) — 11KB
- pke20241107_8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. P. Matthew Farabaugh retired from his position as Senior Vice President and Chief Financial Officer of Park Aerospace Corp. (the "Company") and from all the other positions held by him with the Company, all affective as of November 1, 2024; and Christopher J. Goldner, Vice President-Finance of the Company is succeeding Mr. Farabaugh as principal accounting officer and principal financial officer of the Company. 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. PARK AEROSPACE CORP. Date: November 7, 2024 By: /s/ Mark A. Esquivel Name: Mark A. Esquivel Title: President and Chief Operating Officer