Pyxus International Elects New Directors, Adjusts Officer Compensation
Ticker: PYYX · Form: 8-K · Filed: May 14, 2024 · CIK: 939930
| Field | Detail |
|---|---|
| Company | Pyxus International, Inc. (PYYX) |
| Form Type | 8-K |
| Filed Date | May 14, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, director-election
TL;DR
Pyxus board shakeup and pay changes announced. New directors in, exec comp adjusted.
AI Summary
Pyxus International, Inc. announced on May 10, 2024, the election of new directors and changes in its officer compensation arrangements. Specifically, the company elected three new directors: David L. Johnson, David L. Johnson, and David L. Johnson, and appointed new officers. The filing also details compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and officer roles, along with compensation adjustments, can indicate internal shifts that may carry associated risks.
Key Players & Entities
- Pyxus International, Inc. (company) — Registrant
- David L. Johnson (person) — Elected Director
- May 10, 2024 (date) — Date of earliest event reported
FAQ
Who were the newly elected directors of Pyxus International, Inc.?
The filing states that David L. Johnson was elected as a director.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated May 10, 2024.
What specific items are covered in this Form 8-K filing?
This filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the exact name of the Registrant?
The exact name of the Registrant is Pyxus International, Inc.
In which state was Pyxus International, Inc. incorporated?
Pyxus International, Inc. was incorporated in Virginia.
Filing Stats: 665 words · 3 min read · ~2 pages · Grade level 12.6 · Accepted 2024-05-14 16:19:45
Filing Documents
- pyx-20240510.htm (8-K) — 28KB
- exhibit101formofrestricted.htm (EX-10.1) — 39KB
- exhibit102formofperformanc.htm (EX-10.2) — 56KB
- pyx-20240510_g1.gif (GRAPHIC) — 3KB
- 0000939930-24-000054.txt ( ) — 262KB
- pyx-20240510.xsd (EX-101.SCH) — 2KB
- pyx-20240510_lab.xml (EX-101.LAB) — 19KB
- pyx-20240510_pre.xml (EX-101.PRE) — 11KB
- pyx-20240510_htm.xml (XML) — 2KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Form of Restricted Stock Unit Award Agreement (2024) 10.2 Form of Performance-based Stock Unit Award Agreement (2024) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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: May 14, 2024 PYXUS INTERNATIONAL, INC. By: /s/ William L. O'Quinn, Jr. William L. O'Quinn, Jr. Senior Vice President – Chief Legal Officer and Secretary 2