Xponential Fitness Files 8-K/A Amendment

TL;DR

XPONENTIAL FITNESS AMENDS 8-K: DIRECTOR/OFFICER CHANGES & COMPENSATION DETAILS FILED.

AI Summary

Xponential Fitness, Inc. filed an 8-K/A amendment on May 17, 2024, related to events on May 10, 2024. The filing concerns the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. It also includes Regulation FD disclosures and other events.

Why It Matters

This amendment provides updated information regarding significant corporate governance changes and executive compensation, which can impact investor confidence and the company's strategic direction.

Risk Assessment

Risk Level: medium — Amendments to 8-K filings, especially those concerning director and officer changes or compensation, can signal internal shifts or potential issues that warrant closer investor scrutiny.

Key Numbers

• 001-40638 — SEC File Number (Identifies the company's filing with the SEC)
• 84-4395129 — IRS Employer Identification Number (Company's tax identification number)

Key Players & Entities

• Xponential Fitness, Inc. (company) — Registrant
• May 10, 2024 (date) — Earliest event reported
• May 17, 2024 (date) — Filing date
• Delaware (jurisdiction) — State of incorporation

FAQ

Key Financial Figures

• $0.0001 — stered Class A Common Stock, par value $0.0001 per share XPOF New York Stock Excha
• $100,000 — Morris will receive a monthly salary of $100,000, a restricted stock units (RSUs) award
• $10,000 — of the Board of Directors not to exceed $10,000. Item7.01Regulation FD Disclosure.

Filing Documents

• d822003d8ka.htm (8-K/A) — 27KB
• d822003dex991.htm (EX-99.1) — 7KB
• 0001193125-24-141881.txt ( ) — 167KB
• xpof-20240510.xsd (EX-101.SCH) — 3KB
• xpof-20240510_lab.xml (EX-101.LAB) — 19KB
• xpof-20240510_pre.xml (EX-101.PRE) — 12KB
• d822003d8ka_htm.xml (XML) — 4KB

From the Filing

8-K/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 10, 2024 XPONENTIAL FITNESS, INC. (Exact name of registrant as specified in its charter) Delaware 001-40638 84-4395129 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number) 17877 Von Karman Avenue , Suite 100 Irvine , CA 92614 (Address of principal executive offices, including Zip Code) (949) 346-3000 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Forms 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 Class A Common Stock, par value $0.0001 per share XPOF 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 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 This Current Report on Form 8-K/A (this "Current Report") amends the Current Report on Form 8-K filed by Xponential Fitness, Inc. (the "Company") with the Securities and Exchange Commission (the "SEC") on May 10, 2024 (the "Original Report") and is being filed in order to supplement the Company's disclosure under Items 5.02 and 8.01 of the Original Report. The Original Report otherwise remains unchanged. Item5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. CEO Resignation Mr. Anthony Geisler resigned as Chief Executive Officer of the Company, effective May 13, 2024. Compensation of Interim Chief Executive Officer As previously disclosed in the Original Report, Ms. Brenda Morris has been appointed by the Company's Board of Directors to serve as the Company's Interim Chief Executive Officer. As consideration for Ms. Morris' service as Interim Chief Executive Officer, the Human Capital Management Committee of the Board of Directors has approved the following compensation: Ms. Morris will receive a monthly salary of $100,000, a restricted stock units (RSUs) award with a value of $100,000 for each month of service as Interim Chief Executive Officer which will vest immediately upon issuance, and a one-time exigency stipend in an amount to be determined by the Human Capital Management Committee of the Board of Directors not to exceed $10,000. Item7.01Regulation FD Disclosure. On May 17, 2024, the Company issued a press release announcing the resignation of Anthony Geisler as Chief Executive Officer of the Company. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information in this Item 7.01 and the related information in Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended or the Exchange Act except as set forth by specific reference in such filing. Item8.01Other Events. The Board of Directors of the Company intends to withdraw its nomination of Mr. Geisler as a Class III director in connection with the Company 2024 Annual Meeting of Stockholders. The Company will file a supplement to the Company's Proxy Statement filed with the SEC on April 18, 2024 to reflect that Mr. Geisler will no longer be nominated to serve as a Class III director. Item9.01Financial Statements Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release dated May 17, 2024. 104 Cover Page Interactive Data File (embedded within Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report t