Papa John's Files 8-K on Officer/Director Changes and Compensation

TL;DR

**PZZA filed an 8-K about leadership changes and new pay deals, but the specific details aren't in this snippet.**

AI Summary

Papa John's International, Inc. (PZZA) filed an 8-K on February 28, 2024, reporting an event that occurred on February 22, 2024. The filing indicates changes related to the departure, election, or appointment of certain officers or directors, and associated compensatory arrangements. Specific names, dollar amounts, or detailed changes are not provided in this excerpt of the filing.

Why It Matters

Changes in executive leadership and compensation structures can signal strategic shifts, impact investor confidence, and influence the company's future operational direction and financial performance.

Risk Assessment

Risk Level: medium — The filing indicates changes in executive leadership and compensation, which can introduce uncertainty regarding future company strategy and performance until specific details are disclosed.

Key Players & Entities

• PAPA JOHNS INTERNATIONAL INC (company) — registrant

FAQ

From the Filing

0001628280-24-007404.txt : 20240228 0001628280-24-007404.hdr.sgml : 20240228 20240228080036 ACCESSION NUMBER: 0001628280-24-007404 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240222 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PAPA JOHNS INTERNATIONAL INC CENTRAL INDEX KEY: 0000901491 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 611203323 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21660 FILM NUMBER: 24690238 BUSINESS ADDRESS: STREET 1: 2002 PAPA JOHNS BOULEVARD CITY: LOUISVILLE STATE: KY ZIP: 40299-2334 BUSINESS PHONE: 5022617272 MAIL ADDRESS: STREET 1: P O BOX 99900 CITY: LOUISVILLE STATE: KY ZIP: 40269-9990 8-K 1 pzza-20240222.htm 8-K pzza-20240222 false 0000901491 0000901491 2024-02-22 2024-02-22 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): February 22, 2024 Commission File Number: 0-21660 PAPA JOHN’S INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware                      61-1203323 (State or other jurisdiction of        (I.R.S. Employer Identification incorporation or organization)        Number) 2002 Papa Johns Boulevard Louisville , Kentucky 40299-2367 (Address of principal executive offices) ( 502 ) 261-7272 (Registrant’s telephone number, including area code) 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)) 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. [ ] Securities registered pursuant to Section 12(b) of the Act: Title of each class: Trading Symbol Name of each exchange on which registered: Common stock, $0.01 par value PZZA The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 22, 2024, Shaquille R. O’Neal informed the Board of Directors (the “Board”) of Papa John’s International, Inc. (the “Company”) of his decision not to stand for re-election as a director at the Company’s 2024 annual meeting of stockholders. His current term expires at the annual meeting. Mr. O’Neal will continue to serve as a brand ambassador pursuant to the terms of the Endorsement Agreement among the C