UNIFI Amends 8-K Filing, Clarifies Officer Changes & Exhibits
Ticker: UFI · Form: 8-K/A · Filed: Feb 6, 2024 · CIK: 100726
| Field | Detail |
|---|---|
| Company | Unifi Inc (UFI) |
| Form Type | 8-K/A |
| Filed Date | Feb 6, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.10, $350,000, $100,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: amendment, corporate-governance, filing-update
TL;DR
**UNIFI filed an 8-K/A to amend prior disclosures on officer changes and exhibits, not new news.**
AI Summary
UNIFI, INC. (UFI) filed an amended 8-K/A on February 6, 2024, clarifying details related to a previous report on January 30, 2024. This amendment specifically addresses Item 5.02, concerning changes in directors or officers, and Item 9.01, regarding financial statements and exhibits. For investors, this filing indicates that there were no new material events, but rather a refinement of previously disclosed information, which could signal a commitment to accuracy in their public reporting.
Why It Matters
This amendment provides updated information on executive changes and financial exhibits, which is crucial for investors to have the most accurate picture of the company's leadership and financial reporting. It ensures transparency and corrects any prior ambiguities.
Risk Assessment
Risk Level: low — This filing is an amendment to clarify previous information, not to report a new negative event, thus posing a low risk.
Analyst Insight
A smart investor would review the original 8-K from January 30, 2024, alongside this amendment to understand the specific changes made regarding officer compensation or financial exhibits, ensuring they have the most current and accurate information.
Key Numbers
- 0000950170-24-011723 — Accession Number (unique identifier for this SEC filing)
- 20240130 — Date of Earliest Event Reported (the original date of the event being amended)
- 1-10542 — Commission File Number (UNIFI's SEC file number)
- 13 — Public Document Count (number of documents in this filing)
Key Players & Entities
- UNIFI, INC. (company) — the registrant filing the 8-K/A
- New York Stock Exchange (company) — where UNIFI's Common Stock (UFI) is registered
- $0.10 (dollar_amount) — par value per share of Common Stock
Forward-Looking Statements
- UNIFI will continue to prioritize transparent and accurate financial reporting. (UNIFI, INC.) — medium confidence, target: Next 12 months
FAQ
What is the purpose of this 8-K/A filing by UNIFI, INC.?
This 8-K/A filing is an Amendment No. 1 to a previous Current Report, indicating that UNIFI, INC. is providing updated or clarified information to a report originally filed on January 30, 2024.
Which specific items from the original 8-K report are being amended in this filing?
The filing specifically mentions amendments related to 'ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'ITEM INFORMATION: Financial Statements and Exhibits'.
What is UNIFI, INC.'s trading symbol and on which exchange is its common stock registered?
UNIFI, INC.'s trading symbol is UFI, and its Common Stock, with a par value of $0.10 per share, is registered on the New York Stock Exchange.
When was the earliest event reported that this 8-K/A filing pertains to?
The Date of Report (Date of earliest event reported) is January 30, 2024, indicating the original event date this amendment refers to.
What is UNIFI, INC.'s business address and phone number as listed in the filing?
UNIFI, INC.'s business address is 7201 West Friendly Avenue, Greensboro, North Carolina, 27410, and its telephone number is 336 294-4410.
Filing Stats: 1,507 words · 6 min read · ~5 pages · Grade level 11.2 · Accepted 2024-02-06 16:08:34
Key Financial Figures
- $0.10 — ch registered Common Stock, par value $0.10 per share UFI New York Stock Exchan
- $350,000 — ll (i) receive an annual base salary of $350,000, which base salary shall be reviewed an
- $100,000 — e on the Effective Date an award of (i) $100,000 and (ii) restricted stock units represe
Filing Documents
- ufi-20240130.htm (8-K/A) — 52KB
- ufi-ex10_1.htm (EX-10.1) — 153KB
- 0000950170-24-011723.txt ( ) — 341KB
- ufi-20240130.xsd (EX-101.SCH) — 24KB
- ufi-20240130_htm.xml (XML) — 5KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Employment Agreement by and between Unifi, Inc. and Andrew J. Eaker, dated as of February 2, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Indicates a management contract or compensatory plan or arrangement.
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. UNIFI, INC. Date: February 6, 2024 By: /s/ GREGORY K. SIGMON Gregory K. Sigmon Executive Vice President General Counsel and Corporate Secretary