Williams-Sonoma 8-K: Officer/Director Changes, Comp Arrangements

TL;DR

**WSM filed an 8-K on Jan 12, 2024, signaling potential executive changes or new compensation plans.**

AI Summary

Williams-Sonoma, Inc. filed an 8-K on January 12, 2024, to report an event related to the departure or election of directors/officers and compensatory arrangements. This filing indicates potential changes in leadership or executive compensation, which could impact the company's strategic direction and financial performance. For investors, understanding these changes is crucial as they can signal shifts in corporate governance or future operational strategies, directly affecting the stock's long-term value.

Why It Matters

Changes in executive leadership or compensation structures can signal shifts in company strategy or financial health, directly influencing investor confidence and stock valuation.

Risk Assessment

Risk Level: medium — Changes in leadership or compensation can introduce uncertainty regarding future company performance and strategic direction.

Analyst Insight

Investors should monitor subsequent filings or company announcements for specific details regarding any changes in directors, officers, or compensation arrangements, as these specifics will determine the actual impact on the company's future performance and stock.

Key Numbers

• 001-14077 — Commission File Number (identifies Williams-Sonoma's registration with the SEC)
• 94-2203880 — IRS Employer Identification No. (identifies Williams-Sonoma for tax purposes)
• 415-421-7900 — Business Phone Number (contact information for Williams-Sonoma)
• $.01 — par value per share (par value of Williams-Sonoma's Common Stock)

Key Players & Entities

• Williams-Sonoma, Inc. (company) — the registrant filing the 8-K
• January 12, 2024 (date) — date of the earliest event reported and filing date
• 001-14077 (number) — Commission File Number for Williams-Sonoma, Inc.
• WSM (company) — trading symbol for Williams-Sonoma, Inc.
• New York Stock Exchange, Inc. (company) — exchange where WSM Common Stock is registered

FAQ

From the Filing

0001628280-24-001269.txt : 20240112 0001628280-24-001269.hdr.sgml : 20240112 20240112165622 ACCESSION NUMBER: 0001628280-24-001269 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20240112 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WILLIAMS SONOMA INC CENTRAL INDEX KEY: 0000719955 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 942203880 STATE OF INCORPORATION: CA FISCAL YEAR END: 0128 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14077 FILM NUMBER: 24532653 BUSINESS ADDRESS: STREET 1: 3250 VAN NESS AVENUE CITY: SAN FRANCISCO STATE: CA ZIP: 94109 BUSINESS PHONE: 415-421-7900 MAIL ADDRESS: STREET 1: 3250 VAN NESS AVENUE CITY: SAN FRANCISCO STATE: CA ZIP: 94109 8-K 1 wsm-20240112.htm 8-K wsm-20240112 false 0000719955 0000719955 2024-01-12 2024-01-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________ FORM 8-K __________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 12, 2024 __________________ Williams-Sonoma, Inc. (Exact name of registrant as specified in its charter)   __________________   Delaware   001-14077   94-2203880 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 3250 Van Ness Avenue , San Francisco , California 94109 (Address of principal executive offices) Registrant’s telephone number, including area code ( 415 ) 421-7900 N/A (Former name or former address, if changed since last report)   __________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class: Trading Symbol(s): Name of each exchange on which registered: Common Stock, par value $.01 per share WSM New York Stock Exchange , Inc. Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐      Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On January 12, 2024, the Company issued a press release announcing the retirement of Marta Benson, Chief Executive Officer of Pottery Barn Brands, effective April 26, 2024. Benson’s responsibilities will transition to the two existing Pottery Barn Presidents, Monica Bhargava, President of Pottery Barn and Jennifer Kellor, President of Pottery Barn Kids and Pottery Barn Teen. 2      SIGNAT