Silvercrest Asset Management Group Files 8-K
Ticker: SAMG · Form: 8-K · Filed: Aug 16, 2024 · CIK: 1549966
| Field | Detail |
|---|---|
| Company | Silvercrest Asset Management Group Inc. (SAMG) |
| Form Type | 8-K |
| Filed Date | Aug 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $12,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-statements, sec-filing, regulatory-update
TL;DR
Silvercrest filed an 8-K with financial docs, nothing major to see here yet.
AI Summary
On August 16, 2024, Silvercrest Asset Management Group Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no other specific events detailed in the provided excerpt. The company is incorporated in Delaware and headquartered in New York.
Why It Matters
This 8-K filing indicates that Silvercrest Asset Management Group Inc. is providing updated financial statements and exhibits to the SEC, which is a standard regulatory requirement for public companies.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, not indicating any immediate material changes or risks.
Key Numbers
- 001-35733 — SEC File Number (Identifies the company's filing with the SEC.)
- 45-5146560 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Silvercrest Asset Management Group Inc. (company) — Registrant
- August 16, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- New York (location) — Principal executive offices location
- 212-649-0600 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report financial statements and exhibits, as indicated by the 'ITEM INFORMATION: Financial Statements and Exhibits' section.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on August 16, 2024, as stated in the 'Date of Report (Date of earliest event reported)' field.
In which state is Silvercrest Asset Management Group Inc. incorporated?
Silvercrest Asset Management Group Inc. is incorporated in Delaware, as indicated by the 'State or other jurisdiction of incorporation' field.
What is the principal executive office address of the company?
The principal executive office address is 1330 Avenue of the Americas, 38th Floor, New York, New York 10019.
Does this filing report any specific 'Other Events' beyond financial statements?
The provided excerpt lists 'Other Events' under 'ITEM INFORMATION', but the details of these events are not elaborated upon in the text, suggesting the focus is on financial statements and exhibits.
Filing Stats: 605 words · 2 min read · ~2 pages · Grade level 13.4 · Accepted 2024-08-16 16:10:08
Key Financial Figures
- $0.01 — ich registered: Class A common stock, $0.01 par value per share SAMG Nasdaq Glo
- $12,000,000 — orizing the Company to repurchase up to $12,000,000 of the Company's outstanding Class A co
Filing Documents
- samg-20240816.htm (8-K) — 45KB
- samg-ex99_1.htm (EX-99.1) — 9KB
- img57283581_0.jpg (GRAPHIC) — 9KB
- 0000950170-24-098060.txt ( ) — 189KB
- samg-20240816.xsd (EX-101.SCH) — 30KB
- samg-20240816_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events On August 16, 2024, Silvercrest Asset Management Group Inc. (the " Company ") announced that its Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $12,000,000 of the Company's outstanding Class A common stock (the " Repurchase Program "). Repurchases under the Repurchase Program may be made using either cash on hand, borrowings under the Company's existing credit facilities or other sources, or through (a) one or more 10b5-1 share trading plans, to be established with one or more banks or brokers (the " Trading Plans "), (b) pursuant to accelerated share repurchase programs with one or more investment banks or other financial intermediaries (the " ASR Programs ") or (c) through repurchases to be made outside of the Trading Plans or ASR Programs but in compliance with all applicable requirements under the Securities Exchange Act of 1934, as amended (the " Exchange Act "), including the safe harbor provided by Exchange Act Rule 10b-18, and consummated during an open trading window under the Company's insider trading policy. The program may be amended, suspended, or discontinued at any time and does not commit the Company to repurchase any shares of Class A common stock.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit Number Description of Exhibit 99.1 Press Release of Silvercrest Asset Management Group Inc., dated August 16, 2024 104 Cover Page Interactive Data File (embedded within Inline XBRL document)
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. Dated: August 16, 2024 Silvercrest Asset Management Group Inc. By: /s/ Scott A. Gerard Name: Scott A. Gerard Title: Chief Financial Officer