SMITH-MIDLAND 8-K: Executive Comp, Officer Changes Reported
Ticker: SMID · Form: 8-K · Filed: Jan 25, 2024
Sentiment: neutral
Topics: executive-compensation, officer-changes, corporate-governance
TL;DR
**SMITH-MIDLAND just filed an 8-K about executive compensation and officer changes, signaling potential shifts in leadership and strategy.**
AI Summary
SMITH-MIDLAND CORPORATION filed an 8-K on January 25, 2024, reporting events from January 18, 2024, related to changes in its executive compensation and potentially the departure or election of directors or officers. This filing indicates that the company is making adjustments to its leadership and how it compensates key personnel. For investors, this matters because changes in executive compensation and leadership can signal shifts in company strategy, financial health, or governance, potentially impacting future performance and stock value.
Why It Matters
Changes in executive compensation and officer roles can reflect strategic shifts or performance incentives, directly influencing the company's future direction and profitability.
Risk Assessment
Risk Level: medium — Changes in executive compensation and officer roles can introduce uncertainty regarding future leadership stability and strategic direction, posing a medium risk.
Analyst Insight
Investors should monitor subsequent filings or company announcements for specific details regarding the changes in officers and compensatory arrangements, as these could impact future operational strategies and financial performance.
Key Numbers
- 001-13752 — SEC File Number (Identifies the company's registration with the SEC.)
- 54-1727060 — IRS Employer Identification Number (Unique tax identification for the company.)
- 20240118 — Conformed Period of Report (The date of the earliest event reported in the filing.)
- 20240125 — Filed As Of Date (The date the filing was officially submitted to the SEC.)
- 32 — Public Document Count (Number of pages or sections in the filing.)
Key Players & Entities
- SMITH-MIDLAND CORPORATION (company) — the registrant filing the 8-K
- January 18, 2024 (date) — Date of Earliest Event Reported
- January 25, 2024 (date) — Date the 8-K was filed
- Delaware (company) — State of Incorporation for SMITH-MIDLAND CORPORATION
- 1-13752 (dollar_amount) — Commission File Number
FAQ
What specific items are being reported in this 8-K filing by SMITH-MIDLAND CORPORATION?
This 8-K filing reports on "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers" and "Financial Statements and Exhibits" as per the ITEM INFORMATION section.
What is the earliest event date reported in this 8-K filing?
The 'Date of Report (Date of Earliest Event Reported)' is January 18, 2024.
When was this 8-K filing submitted to the SEC?
The 'FILED AS OF DATE' for this 8-K is January 25, 2024.
What is the state of incorporation for SMITH-MIDLAND CORPORATION?
SMITH-MIDLAND CORPORATION is incorporated in Delaware, as stated under 'State or Other Jurisdiction of Incorporation'.
What is the business address provided for SMITH-MIDLAND CORPORATION in the filing?
The business address is P.O. Box 300, 5119 Catlett Road, Midland, Virginia 22728.
Filing Stats: 794 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2024-01-24 19:07:27
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share SMID NASDAQ I
Filing Documents
- smid_8k.htm (8-K) — 26KB
- smid_ex101.htm (EX-10.1) — 10KB
- smid_ex101img3.jpg (GRAPHIC) — 250KB
- smid_ex101img6.jpg (GRAPHIC) — 209KB
- smid_ex101img5.jpg (GRAPHIC) — 280KB
- smid_ex101img4.jpg (GRAPHIC) — 270KB
- smid_ex101img8.jpg (GRAPHIC) — 273KB
- smid_ex101img2.jpg (GRAPHIC) — 270KB
- smid_ex101img17.jpg (GRAPHIC) — 57KB
- smid_ex101img16.jpg (GRAPHIC) — 55KB
- smid_ex101img15.jpg (GRAPHIC) — 223KB
- smid_ex101img14.jpg (GRAPHIC) — 240KB
- smid_ex101img13.jpg (GRAPHIC) — 151KB
- smid_ex101img12.jpg (GRAPHIC) — 249KB
- smid_ex101img11.jpg (GRAPHIC) — 185KB
- smid_ex101img10.jpg (GRAPHIC) — 57KB
- smid_ex101img1.jpg (GRAPHIC) — 222KB
- smid_ex101img9.jpg (GRAPHIC) — 190KB
- smid_ex101img7.jpg (GRAPHIC) — 218KB
- 0001654954-24-000893.txt ( ) — 4841KB
- smid-20240118.xsd (EX-101.SCH) — 6KB
- smid-20240118_lab.xml (EX-101.LAB) — 14KB
- smid-20240118_cal.xml (EX-101.CAL) — 1KB
- smid-20240118_pre.xml (EX-101.PRE) — 9KB
- smid-20240118_def.xml (EX-101.DEF) — 2KB
- smid_8k_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No Exhibit Description 10.1 Severance Agreement, dated January 8, 2024, between the Company and Stephanie Poe 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
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. Date: January 24, 2024 SMITH-MIDLAND CORPORATION By: /s/ Stephanie Poe Stephanie Poe Chief Financial Officer 3