Builders FirstSource Files 8-K: Board & Executive Changes

TL;DR

Builders FirstSource filed an 8-K today covering board changes and executive pay. Watch for updates.

AI Summary

On September 19, 2024, Builders FirstSource, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the appointment of new officers and information regarding compensatory arrangements for certain key executives. Additionally, the report contains financial statements and exhibits relevant to these corporate actions.

Why It Matters

This filing signals potential shifts in leadership and executive compensation strategies at Builders FirstSource, which could impact the company's future direction and investor confidence.

Risk Assessment

Risk Level: medium — Changes in board composition and executive compensation can indicate strategic shifts or internal adjustments that may carry financial or operational risks.

Key Players & Entities

• Builders FirstSource, Inc. (company) — Registrant
• September 19, 2024 (date) — Date of earliest event reported

FAQ

From the Filing

0000950170-24-107987.txt : 20240919 0000950170-24-107987.hdr.sgml : 20240919 20240919070007 ACCESSION NUMBER: 0000950170-24-107987 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240919 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240919 DATE AS OF CHANGE: 20240919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Builders FirstSource, Inc. CENTRAL INDEX KEY: 0001316835 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 522084569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40620 FILM NUMBER: 241309066 BUSINESS ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: (214) 880-3500 MAIL ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 8-K 1 bldr-20240919.htm 8-K 8-K 0001316835 false 0001316835 2024-09-19 2024-09-19   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): September 19, 2024     BUILDERS FIRSTSOURCE, INC. (Exact name of Registrant as Specified in Its Charter)     Delaware 001-40620 52-2084569 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           6031 Connection Drive Suite 400   Irving , Texas   75039 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: (214) 880-3500     (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: ☐ 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, par value $0.01 per share   BLDR   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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   On September 19, 2024, Builders FirstSource, Inc. (the “Company”) announced as part of its planned succession that its Board of Directors appointed Peter Jackson, Executive Vice President and Chief Financial Officer, as the Company’s next President & Chief Executive Officer and member of its Board of Directors, effective November 6, 2024. Mr. Jackson will succeed Dave Rush,