Royal Gold Announces Board and Executive Compensation Changes

Ticker: RGLD · Form: 8-K · Filed: 2024-08-28T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, board-of-directors

Related Tickers: RGLD

TL;DR

Royal Gold swapped a director and updated exec pay. Board changes incoming.

AI Summary

Royal Gold, Inc. announced on August 28, 2024, changes related to its board of directors and executive compensation. Specifically, the company reported the departure of a director and the election of a new director, along with updates to compensatory arrangements for certain officers.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing details routine corporate governance changes, such as director departures and elections, which typically carry low immediate risk.

Key Players & Entities

FAQ

Who is the departing director?

The filing does not specify the name of the departing director.

Who is the newly elected director?

The filing does not specify the name of the newly elected director.

What specific changes were made to executive compensation?

The filing indicates updates to compensatory arrangements for certain officers but does not detail the specific changes.

When did these changes become effective?

The filing reports these changes as of August 28, 2024.

Are there any financial implications mentioned in this filing?

This filing focuses on corporate governance and executive matters and does not mention specific financial implications.

From the Filing

0000085535-24-000033.txt : 20240828 0000085535-24-000033.hdr.sgml : 20240828 20240828162523 ACCESSION NUMBER: 0000085535-24-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240828 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240828 DATE AS OF CHANGE: 20240828 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL GOLD INC CENTRAL INDEX KEY: 0000085535 STANDARD INDUSTRIAL CLASSIFICATION: MINERAL ROYALTY TRADERS [6795] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 840835164 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13357 FILM NUMBER: 241255829 BUSINESS ADDRESS: STREET 1: 1144 15TH STREET STREET 2: SUITE 2500 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-573-1660 MAIL ADDRESS: STREET 1: 1144 15TH STREET STREET 2: SUITE 2500 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL GOLD INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL RESOURCES CORP DATE OF NAME CHANGE: 19870517 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL RESOURCES EXPLORATION INC DATE OF NAME CHANGE: 19810716 8-K 1 rgld-20240828.htm 8-K rgld-20240828 FALSE 0000085535 0000085535 2024-08-28 2024-08-28 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): August 28, 2024 Royal Gold, Inc. (Exact name of registrant as specified in its charter) Delaware 001-13357 84-0835164 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 1144 15th Street , Suite 2500 , Denver , CO 80202 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 303 ) 573-1660 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): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o 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 Name of each exchange on which registered: Common Stock, $0.01 par value RGLD Nasdaq Global Select Market 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 o 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. o      Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On August 28, 2024, Royal Gold Corporation, a subsidiary of Royal Gold, Inc., entered into a letter agreement with Mark Isto to extend the term of the Consulting and Confidentiality Agreement, dated effective September 14, 2023, between the parties from August 31, 2024 to December 31, 2025. Mr. Isto previously served as Executive Vice President and Chief Operating Officer of Royal Gold Corporation. SIGNATURES Pursuant to the requirements of the Securities

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