Ducommun Inc. Terminates and Enters New Definitive Agreement
Ticker: DCO · Form: 8-K · Filed: May 10, 2024 · CIK: 30305
Sentiment: neutral
Topics: agreement, termination, new-deal
Related Tickers: DU
TL;DR
Ducommun just ditched one deal and signed another. Big moves happening.
AI Summary
On May 9, 2024, Ducommun Inc. announced the termination of a material definitive agreement. The company also entered into a new material definitive agreement on the same date. Specific details regarding the nature of these agreements and any associated financial implications were not immediately disclosed in this filing.
Why It Matters
This filing indicates a significant change in Ducommun's contractual relationships, which could impact its operations, partnerships, or financial standing.
Risk Assessment
Risk Level: medium — The termination and entry into new material definitive agreements suggest potential shifts in business strategy or relationships that could carry inherent risks.
Key Players & Entities
- Ducommun Inc. (company) — Registrant
- May 9, 2024 (date) — Date of earliest event reported
FAQ
What was the nature of the material definitive agreement that was terminated?
The filing does not specify the nature of the terminated material definitive agreement.
What is the nature of the new material definitive agreement entered into by Ducommun Inc.?
The filing does not provide details on the nature of the new material definitive agreement.
Were there any financial implications associated with the termination of the agreement?
The filing does not disclose any specific financial implications related to the termination.
Were there any financial implications associated with entering the new agreement?
The filing does not disclose any specific financial implications related to the new agreement.
What is the effective date of these agreement changes?
The earliest event reported, which includes the termination and entry into agreements, is dated May 9, 2024.
Filing Stats: 969 words · 4 min read · ~3 pages · Grade level 14 · Accepted 2024-05-10 17:16:08
Filing Documents
- d827020d8k.htm (8-K) — 34KB
- d827020dex991.htm (EX-99.1) — 40KB
- d827020dex992.htm (EX-99.2) — 40KB
- 0001193125-24-136295.txt ( ) — 262KB
- dco-20240509.xsd (EX-101.SCH) — 3KB
- dco-20240509_lab.xml (EX-101.LAB) — 18KB
- dco-20240509_pre.xml (EX-101.PRE) — 11KB
- d827020d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. 99.1 Key Executive Severance Agreement dated May 9, 2024 between Ducommun Incorporated and Stephen G. Oswald 99.2 Form of Key Executive Severance Agreement between Ducommun Incorporated and each of its executive officers (except for Stephen G. Oswald). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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. DUCOMMUN INCORPORATED (Registrant) Date: May 10, 2024 By: /s/ Rajiv A. Tata Rajiv A. Tata Vice President, General Counsel & Corporate Secretary