Thryv Holdings Files 8-K/A Amendment
Ticker: THRY · Form: 8-K/A · Filed: Dec 20, 2024 · CIK: 1556739
| Field | Detail |
|---|---|
| Company | Thryv Holdings, Inc. (THRY) |
| Form Type | 8-K/A |
| Filed Date | Dec 20, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-election, amendment
TL;DR
Thryv Holdings filed an 8-K/A amendment covering director/officer changes and compensation.
AI Summary
Thryv Holdings, Inc. filed an amendment (8-K/A) on November 6, 2024, to a previous filing. This amendment pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates changes in Thryv Holdings' corporate governance and executive compensation structure, which could impact investor confidence and future strategic decisions.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous report and primarily concerns corporate governance and executive appointments, not immediate financial distress or major operational shifts.
Key Players & Entities
- Thryv Holdings, Inc. (company) — Registrant
- November 6, 2024 (date) — Date of earliest event reported
- 20241106 (date) — Conformed period of report
- 2200 West Airfield Drive (location) — Principal Executive Offices Address
- D/FW Airport, TX (location) — Principal Executive Offices City/State
FAQ
What specific items are being amended in this 8-K/A filing?
This 8-K/A filing amends items related to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported is November 6, 2024.
What is the principal executive office address for Thryv Holdings, Inc.?
The principal executive office address is 2200 West Airfield Drive, P.O. Box 619810, D/FW Airport, TX 75261.
What is the IRS Employer Identification Number for Thryv Holdings, Inc.?
The IRS Employer Identification Number for Thryv Holdings, Inc. is 13-2740040.
What is the SIC code for Thryv Holdings, Inc.?
The Standard Industrial Classification (SIC) code for Thryv Holdings, Inc. is 7310 (SERVICES-ADVERTISING).
Filing Stats: 794 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-12-20 16:20:07
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value THRY The Nasdaq Stock Mar
Filing Documents
- ef20040480_8ka.htm (8-K/A) — 31KB
- ef20040480_ex10-1.htm (EX-10.1) — 168KB
- 0001140361-24-050104.txt ( ) — 368KB
- thry-20241106.xsd (EX-101.SCH) — 4KB
- thry-20241106_lab.xml (EX-101.LAB) — 21KB
- thry-20241106_pre.xml (EX-101.PRE) — 16KB
- ef20040480_8ka_htm.xml (XML) — 4KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 6, 2024, Thryv and James McCusker, Chief Revenue Officer and executive vice president of the Company, mutually agreed that Mr. McCusker would leave the Company effective January 6, 2025. On December 20, 2024, the Company and Mr. McCusker entered into a separation agreement. Pursuant to the separation agreement, Mr. McCusker's official separation date was changed to December 31, 2024. In addition, the separation agreement provides that Mr. McCusker will receive the severance payments and benefits otherwise payable to him under the Company's Executive Vice President Severance Program, which is comprised of (a) 78 weeks of severance pay based on his current weekly salary plus one and a half times his short-term incentive bonus at target, payable in installments on the Company's regular payroll schedule over the 78 weeks, (b) payment of a prorated annual short-term incentive bonus for the current fiscal year, based on actual company performance, (c) basic life insurance coverage paid by the Company for 18 months, and (d) outplacement benefits for up to one year. The separation agreement contains confidentiality, non-disparagement, and both employee and customer non-solicitation covenants, as well as other customary terms and conditions, including a release by Mr. McCusker of any claims against the Company. The foregoing description of the separation agreement is qualified in its entirety by reference to the separation agreement filed as Exhibit 10.1 hereto. Mr. McCusker's departure will constitute a "Termination without Cause" under the terms of the outstanding restricted stock units and performance stock units granted to Mr. McCusker under the Company's 2020 Incentive Award Plan, which will entitle Mr. McCusker to a prorated portion of the unvested restricted stock units that would otherwise have
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 10.1 Separation Agreement, dated as of December 20, 2024, by and between Thryv Holdings, Inc. and James McCusker. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. THRYV HOLDINGS, INC. Date: December 20, 2024 By: /s/ Paul D. Rouse Name: Paul D. Rouse Title: Chief Financial Officer, Executive Vice President and Treasurer