Zevia PBC Files 8-K/A: Director Change and Officer Compensation Update
Ticker: ZVIA · Form: 8-K/A · Filed: Sep 30, 2024 · CIK: 1854139
| Field | Detail |
|---|---|
| Company | Zevia Pbc (ZVIA) |
| Form Type | 8-K/A |
| Filed Date | Sep 30, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, officer-compensation, governance
TL;DR
Zevia PBC board shakeup: Director Doerr out, Levin in, with officer comp details.
AI Summary
Zevia PBC filed an amendment (8-K/A) on September 30, 2024, to its report originally dated August 6, 2024. The amendment pertains to the departure of a director, the election of a new director, and compensatory arrangements for certain officers. Specifically, it addresses the resignation of Timothy J. Doerr as a Class II Director and the appointment of David W. Levin as a Class II Director, effective August 6, 2024.
Why It Matters
This filing indicates a change in Zevia PBC's board composition and provides updates on executive compensation, which can signal shifts in company strategy or governance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can sometimes precede or reflect significant strategic shifts or financial performance issues.
Key Players & Entities
- Zevia PBC (company) — Registrant
- Timothy J. Doerr (person) — Departing Class II Director
- David W. Levin (person) — Appointed Class II Director
- August 6, 2024 (date) — Effective date of director change
- September 30, 2024 (date) — Filing date of the amendment
FAQ
Who is the departing director and what was their role?
Timothy J. Doerr, a Class II Director, has departed from Zevia PBC.
Who is the newly appointed director and what is their class?
David W. Levin has been appointed as a Class II Director.
When were these director changes effective?
The changes regarding the departure of Timothy J. Doerr and the appointment of David W. Levin were effective as of August 6, 2024.
What type of filing is this and when was it originally submitted?
This is a Form 8-K/A (Amendment No. 1), which amends a current report originally dated August 6, 2024.
What are the main topics covered by this amendment?
This amendment covers the departure of a director, the election of a new director, and compensatory arrangements of certain officers.
Filing Stats: 671 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-09-30 16:05:08
Key Financial Figures
- $0.001 — tered Class A common stock, par value $0.001 per share ZVIA New York Stock Excha
Filing Documents
- zvia-20240806.htm (8-K/A) — 44KB
- 0000950170-24-110366.txt ( ) — 163KB
- zvia-20240806.xsd (EX-101.SCH) — 27KB
- zvia-20240806_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events. On the Effective Date, upon the recommendation of the Nominating and Enterprise Risk Management Committee (the "NERM Committee"), the Board determined that, effective as of September 27, 2024, (i) the size of the Board will decrease from nine to eight members, and (ii) David J. Lee will serve as chair of the NERM Committee replacing Ms. Hayes.
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. ZEVIA PBC Date: September 30, 2024 /s/ LORNA R. SIMMS Name: Lorna R. Simms Title: SVP, General Counsel and Corporate Secretary