Regency Centers Reports Officer/Director Changes, Comp Arrangements
Ticker: REGCP · Form: 8-K · Filed: Jan 4, 2024 · CIK: 910606
| Field | Detail |
|---|---|
| Company | Regency Centers Corp (REGCP) |
| Form Type | 8-K |
| Filed Date | Jan 4, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, executive-changes, compensation, 8-K
TL;DR
**Regency Centers filed an 8-K on Jan 4, 2024, signaling executive changes and compensation updates effective Jan 1, 2024.**
AI Summary
Regency Centers Corporation and Regency Centers, L.P. filed an 8-K on January 4, 2024, reporting events that occurred on January 1, 2024. The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'. This matters to investors because changes in leadership or executive compensation can signal shifts in company strategy or financial health, potentially impacting future stock performance.
Why It Matters
Changes in executive leadership or compensation can influence a company's strategic direction and financial stability, directly affecting investor confidence and stock valuation.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of corporate governance changes, not indicating immediate financial distress or major operational risks.
Analyst Insight
A smart investor would monitor subsequent filings or press releases for specific details regarding the executive changes and compensation arrangements, as this 8-K only signals the occurrence of these events without providing specifics.
Key Players & Entities
- REGENCY CENTERS CORPORATION (company) — registrant
- REGENCY CENTERS, L.P. (company) — registrant
- January 4, 2024 (date) — filing date
- January 1, 2024 (date) — date of earliest event reported
- 001-12298 (other) — Commission File Number for Regency Centers Corporation
- 0-24763 (other) — Commission File Number for Regency Centers, L.P.
FAQ
What is the purpose of this 8-K filing by Regency Centers Corporation and Regency Centers, L.P.?
This 8-K filing, dated January 4, 2024, reports on events that occurred on January 1, 2024, specifically concerning 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 1, 2024, as stated in the 'Date of earliest event reported' section.
What are the Commission File Numbers for the two registrants mentioned in the filing?
Regency Centers Corporation has a Commission File Number of 001-12298, and Regency Centers, L.P. has a Commission File Number of 0-24763.
What specific items are covered under 'ITEM INFORMATION' in this 8-K?
The 'ITEM INFORMATION' section covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
What is the state of incorporation for Regency Centers Corporation and Regency Centers, L.P.?
Regency Centers Corporation is incorporated in Florida, and Regency Centers, L.P. is incorporated in Delaware.
Filing Stats: 1,206 words · 5 min read · ~4 pages · Grade level 12.2 · Accepted 2024-01-04 16:18:34
Key Financial Figures
- $0.01 — e Redeemable Preferred Stock, par value $0.01 per share REGCP The Nasdaq Stock Ma
Filing Documents
- reg-20240101.htm (8-K) — 68KB
- img39171547_0.jpg (GRAPHIC) — 3KB
- 0000950170-24-001871.txt ( ) — 260KB
- reg-20240101_def.xml (EX-101.DEF) — 16KB
- reg-20240101_lab.xml (EX-101.LAB) — 25KB
- reg-20240101_pre.xml (EX-101.PRE) — 16KB
- reg-20240101.xsd (EX-101.SCH) — 3KB
- reg-20240101_htm.xml (XML) — 10KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Executive Officers Effective January 1, 2024, Alan T. Roth, the Company’s Executive Vice President, National Operations and East Region President, became its East Region President and Chief Operating Officer. Mr. Roth will continue to be responsible for operations strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in the Company’s Northeast and Southeast regions. Effective January 1, 2024, Nicholas A. Wibbenmeyer, the Company’s Executive Vice President, West Region President, became its West Region President and Chief Investment Officer. Mr. Wibbenmeyer will continue to be responsible for investment and development strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in the Company’s West and Central regions. Mr. Roth, age 48, has been the Company’s Executive Vice President, National Operations and East Region President since January of 2023. Prior to this role, he served as Senior Managing Director, East Region, and Managing Director of the Northeast, Mid-Atlantic and Southeast Regions, respectively. Mr. Roth has also held various other leadership positions at the Company, including Senior Vice President and Senior Market Officer for the Mid-Atlantic and Northeast portfolio, and Vice President and Regional Officer. Mr. Roth joined the Company as a Leasing Agent in 1997 through the Company’s acquisition of Midland Development Group, and is a graduate of the Kelley School of Business at Indiana University. Mr. Wibbenmeyer, age 43, has been the Company’s Executive Vice President, West Region President since January of 2023. Prior to this role, he served as Senior Managing Director, West Region, and Managing Director of Flor
Financial Statements and Exhibits
Financial Statements and Exhibits 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL documents) 2
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. REGENCY CENTERS CORPORATION January 4, 2024 By: /s/ Michael R. Herman Michael R. Herman, Senior Vice President General Counsel and Corporate Secretary REGENCY CENTERS, L.P. By: Regency Centers Corporation, its general partner January 4, 2024 By: /s/ Michael R. Herman Michael R. Herman, Senior Vice President General Counsel and Corporate Secretary 3