Willamette Valley Vineyards Announces Board and Officer Changes
Ticker: WVVIP · Form: 8-K · Filed: Feb 13, 2025 · CIK: 838875
| Field | Detail |
|---|---|
| Company | Willamette Valley Vineyards Inc (WVVIP) |
| Form Type | 8-K |
| Filed Date | Feb 13, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-compensation, board-changes
Related Tickers: WVVI
TL;DR
WVVI board shakeup and exec pay adjustments announced.
AI Summary
Willamette Valley Vineyards, Inc. announced on February 12, 2025, changes related to its board of directors and officer compensation. Specifically, the company reported the departure of directors and the election of new directors, alongside adjustments to the compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and officer roles can indicate internal shifts that may affect company direction and stability.
Key Numbers
- 001-37610 — SEC File Number (Company's SEC filing identifier)
- 93-0981021 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Willamette Valley Vineyards, Inc. (company) — Filer
- February 12, 2025 (date) — Date of earliest event reported
- Oregon (location) — State of incorporation
- Turner, OR (location) — Principal executive offices address
FAQ
Who are the newly elected directors of Willamette Valley Vineyards, Inc.?
The filing does not specify the names of the newly elected directors, only that there have been elections.
What specific changes were made to the compensatory arrangements of certain officers?
The filing mentions changes to compensatory arrangements but does not detail the specific nature or terms of these adjustments.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on February 12, 2025.
What is the principal executive office address for Willamette Valley Vineyards, Inc.?
The principal executive office is located at 8800 Enchanted Way SE, Turner, OR 97392.
What is the SIC code for Willamette Valley Vineyards, Inc.?
The Standard Industrial Classification (SIC) code is 2080, which corresponds to Beverages.
Filing Stats: 468 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2025-02-13 16:21:08
Filing Documents
- wvvi_8k.htm (8-K) — 25KB
- 0001199835-25-000034.txt ( ) — 233KB
- wvvi-20250212.xsd (EX-101.SCH) — 3KB
- wvvi-20250212_def.xml (EX-101.DEF) — 26KB
- wvvi-20250212_lab.xml (EX-101.LAB) — 36KB
- wvvi-20250212_pre.xml (EX-101.PRE) — 25KB
- wvvi_8k_htm.xml (XML) — 5KB
02 Departure of Directors or Certain Officers; Election of Directors;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 12, 2025, Elizabeth (Libby) Spencer informed the Board of Directors (the "Board") of Willamette Valley Vineyards, Inc. (the "Company") that she was resigning from the Board effective February 13, 2025, for personal reasons. Ms. Spencer's resignation was not the result of any disagreement between Ms. Spencer and the Company, its management, the Board or any committee of the Board, or with respect to any matter relating to the Company's operations, policies or practices. As there are no disagreements as contemplated by Item 5.02(a) of Form 8-K, the Company is disclosing this information pursuant to Item 5.02(b) of Form 8-K.
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. WILLAMETTE VALLEY VINEYARDS, INC. Date: February 13, 2025 By: /s/ JAMES W. BERNAU James W. Bernau President