Humana Inc. Enters New Financial Obligation

Ticker: HUM · Form: 8-K · Filed: 2024-03-13T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

Related Tickers: HUM

TL;DR

Humana just signed a new deal that means they owe money.

AI Summary

On March 11, 2024, Humana Inc. entered into a Material Definitive Agreement related to a direct financial obligation. The filing does not specify the counterparty or the exact nature of the agreement, but it indicates a new financial commitment for the company.

Why It Matters

This filing signals a new financial commitment or debt for Humana Inc., which could impact its financial leverage and future investment capacity.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can increase a company's debt burden and financial risk.

Key Players & Entities

FAQ

What is the nature of the Material Definitive Agreement Humana Inc. entered into?

The filing states that Humana Inc. entered into a Material Definitive Agreement, which also constitutes the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. However, the specific details of the agreement are not provided in this summary.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on March 11, 2024.

What is Humana Inc.'s principal executive office address?

Humana Inc.'s principal executive office is located at 500 W. Main Street, Louisville, Kentucky 40202.

What is Humana Inc.'s IRS Employer Identification Number?

Humana Inc.'s IRS Employer Identification Number is 61-0647538.

What is the filing date of this 8-K report?

This 8-K report was filed on March 13, 2024.

From the Filing

0001628280-24-010997.txt : 20240313 0001628280-24-010997.hdr.sgml : 20240313 20240313172051 ACCESSION NUMBER: 0001628280-24-010997 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 25 CONFORMED PERIOD OF REPORT: 20240311 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240313 DATE AS OF CHANGE: 20240313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUMANA INC CENTRAL INDEX KEY: 0000049071 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 610647538 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05975 FILM NUMBER: 24747042 BUSINESS ADDRESS: STREET 1: 500 W MAIN ST CITY: LOUISVILLE STATE: KY ZIP: 40202 BUSINESS PHONE: 5025801000 MAIL ADDRESS: STREET 1: 500 W. MAIN ST CITY: LOUISVILLE STATE: KY ZIP: 40202 FORMER COMPANY: FORMER CONFORMED NAME: EXTENDICARE INC DATE OF NAME CHANGE: 19740404 FORMER COMPANY: FORMER CONFORMED NAME: HERITAGE HOUSE OF AMERICA INC DATE OF NAME CHANGE: 19671129 8-K 1 hum-20240311.htm 8-K hum-20240311 0000049071 false 0000049071 2024-03-11 2024-03-11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): March 13, 2024 ( March 11, 2024 ) Humana Inc. (Exact name of registrant as specified in its charter) Delaware 001-05975 61-0647538 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 500 W. Main Street , Louisville , Kentucky 40202 (Address of principal executive offices, and Zip Code) 502 - 580-1000 Registrant’s telephone number, including area code (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 ( see General Instruction A.2. below): ☐ 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 HUM New York Stock Exchange 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 1.01 Entry into a Material Definitive Agreement. Underwriting Agreement On March 11, 2024, Humana Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, PNC Capital Markets LLC and Wells Fargo Securities, LLC , as representatives of the several underwriters (together, the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwrit

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