Educational Development Corp Elects New Directors
Ticker: EDUC · Form: 8-K · Filed: Jul 1, 2024 · CIK: 31667
Sentiment: neutral
Topics: board-changes, governance, officer-appointments
TL;DR
EDC adds two new directors to the board, effective June 28th.
AI Summary
Educational Development Corporation announced on July 1, 2024, a change in its board of directors, with the election of two new directors, Mr. David L. Johnson and Mr. Robert L. Smith, effective June 28, 2024. The company also reported on compensatory arrangements for its officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and officer changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- EDUCATIONAL DEVELOPMENT CORP (company) — Registrant
- David L. Johnson (person) — Newly elected director
- Robert L. Smith (person) — Newly elected director
- June 28, 2024 (date) — Effective date of director elections
- July 1, 2024 (date) — Date of report
FAQ
Who were the newly elected directors of Educational Development Corporation?
Mr. David L. Johnson and Mr. Robert L. Smith were elected as directors.
When were the new directors' elections effective?
The elections were effective as of June 28, 2024.
What is the principal executive office address for Educational Development Corporation?
The address is 5402 S 122nd East Avenue, Tulsa, Oklahoma 74146.
What is the IRS Employer Identification Number for Educational Development Corporation?
The IRS Employer Identification Number is 73-0750007.
What items are being reported in this 8-K filing?
The filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
Filing Stats: 556 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-07-01 16:32:35
Filing Documents
- edc20240701_8k.htm (8-K) — 21KB
- 0001185185-24-000669.txt ( ) — 153KB
- educ-20240628.xsd (EX-101.SCH) — 3KB
- educ-20240628_def.xml (EX-101.DEF) — 10KB
- educ-20240628_lab.xml (EX-101.LAB) — 19KB
- educ-20240628_pre.xml (EX-101.PRE) — 11KB
- edc20240701_8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Exchange Act, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Educational Development Corporation By: /s/ Craig M. White Craig M. White President and Chief Executive Officer Date: July 1, 2024