Xponential Fitness Reports Director Changes and Executive Compensation Updates
Ticker: XPOF · Form: 8-K · Filed: Jan 17, 2025 · CIK: 1802156
| Field | Detail |
|---|---|
| Company | Xponential Fitness, Inc. (XPOF) |
| Form Type | 8-K |
| Filed Date | Jan 17, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $425,000, $385,000, $1 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
Related Tickers: XPOF
TL;DR
Xponential Fitness board shakeup and pay adjustments filed. Watch for new director impact.
AI Summary
Xponential Fitness, Inc. announced on January 13, 2025, changes related to its board of directors and executive compensation. Specifically, the company reported the departure of a director, the election of a new director, and adjustments to compensatory arrangements for certain officers. The filing also includes financial statements and exhibits.
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 directorship and executive compensation can indicate internal shifts that may affect company strategy and performance.
Key Players & Entities
- Xponential Fitness, Inc. (company) — Registrant
- January 13, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 17877 Von Karman Avenue, Suite 100 Irvine, CA 92614 (address) — Principal executive offices
FAQ
Who is the newly elected director at Xponential Fitness?
The filing indicates the election of a new director but does not name the individual in the provided text.
What specific changes were made to executive compensation arrangements?
The filing mentions adjustments to compensatory arrangements for certain officers, but the specific details of these changes are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on January 13, 2025.
What is the primary business of Xponential Fitness, Inc. according to the SIC code?
The Standard Industrial Classification code indicates the company is in 'SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]'.
What is the filing number for Xponential Fitness, Inc. with the SEC?
The SEC file number for Xponential Fitness, Inc. is 001-40638.
Filing Stats: 1,333 words · 5 min read · ~4 pages · Grade level 11.5 · Accepted 2025-01-17 16:05:55
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share XPOF New York Stock Excha
- $425,000 — ent, Mr. Kawaja's annual base salary is $425,000 and Mr. Weiderhoft's annual base salary
- $385,000 — Mr. Weiderhoft's annual base salary is $385,000, in each case subject to increase by ou
- $1 million — units ("RSUs") with an initial value of $1 million. Each such RSUs will vest in three subs
Filing Documents
- d923759d8k.htm (8-K) — 33KB
- d923759dex101.htm (EX-10.1) — 58KB
- d923759dex102.htm (EX-10.2) — 59KB
- d923759dex991.htm (EX-99.1) — 9KB
- g923759g0115104819635.jpg (GRAPHIC) — 4KB
- 0001193125-25-008415.txt ( ) — 332KB
- xpof-20250113.xsd (EX-101.SCH) — 3KB
- xpof-20250113_lab.xml (EX-101.LAB) — 18KB
- xpof-20250113_pre.xml (EX-101.PRE) — 11KB
- d923759d8k_htm.xml (XML) — 4KB
Financial Statements Exhibits
Financial Statements Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Employment Agreement dated January 13, 2025, between the Company and John Kawaja. 10.2 Employment Agreement dated January 13, 2025, between the Company and Tim Weiderhoft. 99.1 Press Release dated January 15, 2025. 104 Cover Page Interactive Data File (embedded within 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. XPONENTIAL FITNESS, INC. Date: January 17, 2025 By: /s/ John Meloun Name John Meloun Title Chief Financial Officer