Waters Corp Announces Executive Compensation Changes & Director Updates
Ticker: WAT · Form: 8-K · Filed: Aug 14, 2024 · CIK: 1000697
| Field | Detail |
|---|---|
| Company | Waters Corp /De/ (WAT) |
| Form Type | 8-K |
| Filed Date | Aug 14, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $91,666, $54,130 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: WTR
TL;DR
Waters Corp filed an 8-K detailing executive comp changes, a director departure, and a new director election.
AI Summary
Waters Corporation announced on August 13, 2024, a change in its executive compensation arrangements. The filing also disclosed the departure of a director and the election of a new director, along with the appointment of certain officers. Specific details regarding the compensatory arrangements for certain officers were also provided.
Why It Matters
Changes in executive compensation and board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive compensation disclosures, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- Waters Corporation (company) — Registrant
- August 13, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Milford, Massachusetts (location) — Principal executive offices
FAQ
What specific compensatory arrangements for certain officers were disclosed?
The filing indicates that details regarding compensatory arrangements for certain officers are included, but the specific terms and amounts are not detailed in the provided text.
Who is the departing director?
The filing mentions the departure of a director but does not specify the name of the individual in the provided text.
Who is the newly elected director?
The filing states the election of a director but does not provide the name of the individual in the provided text.
What is the primary purpose of this 8-K filing?
The primary purpose is to report on the departure of directors, election of directors, appointment of certain officers, and changes in compensatory arrangements, as well as Regulation FD disclosures and financial statements/exhibits.
When was Waters Corporation incorporated?
Waters Corporation was incorporated in Delaware.
Filing Stats: 766 words · 3 min read · ~3 pages · Grade level 10.5 · Accepted 2024-08-14 16:25:52
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share WAT New York Stock Exchan
- $91,666 — arded an initial equity grant valued at $91,666, comprised of 50% of such value in the
- $54,130 — ce for the period until the 2025 AGM of $54,130 as well as board meeting fees and expen
Filing Documents
- d879337d8k.htm (8-K) — 27KB
- d879337dex991.htm (EX-99.1) — 5KB
- 0001193125-24-200650.txt ( ) — 150KB
- wat-20240813.xsd (EX-101.SCH) — 3KB
- wat-20240813_lab.xml (EX-101.LAB) — 17KB
- wat-20240813_pre.xml (EX-101.PRE) — 11KB
- d879337d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Number Description of Exhibits 99.1 Press release dated August 14, 2024. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. 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. Dated: August 14, 2024 WATERS CORPORATION By: /s/ Keeley A. Aleman Name: Keeley A. Aleman Title: Senior Vice President, General Counsel and Secretary