Investar Holding Corp. Elects Directors, Adjusts Officer Pay
Ticker: ISTR · Form: 8-K · Filed: Sep 19, 2024 · CIK: 1602658
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-changes
TL;DR
Investar Holding Corp. shakes up board and exec pay - new directors in, pay adjustments made.
AI Summary
Investar Holding Corp. announced on September 18, 2024, changes in its board and officer compensation. Specifically, the company elected new directors and appointed new officers, while also adjusting compensatory arrangements for certain key personnel. The filing details these changes in corporate governance and executive compensation.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or management focus, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: medium — Changes in board and officer roles, along with compensation adjustments, can introduce uncertainty regarding future strategic direction and operational execution.
Key Numbers
- 001-36522 — SEC File Number (Identifies the company's filing history with the SEC.)
- 27-1560715 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Investar Holding Corp. (company) — Registrant
- September 18, 2024 (date) — Date of earliest event reported
- Louisiana (location) — State of incorporation
- Baton Rouge (location) — Principal executive offices city
FAQ
What specific roles were affected by the officer appointments?
The filing indicates appointments of certain officers but does not specify the exact roles in the provided text.
Were there any departures of directors or officers mentioned?
The filing lists 'Departure of Directors or Certain Officers' as an item information, suggesting such events may have occurred, but details are not in the provided excerpt.
What is the nature of the compensatory arrangements being adjusted?
The filing mentions 'Compensatory Arrangements of Certain Officers' but does not provide specific details on the nature of these adjustments in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 18, 2024.
What is Investar Holding Corp.'s state of incorporation?
Investar Holding Corp. is incorporated in Louisiana.
Filing Stats: 627 words · 3 min read · ~2 pages · Grade level 12.2 · Accepted 2024-09-19 16:38:27
Key Financial Figures
- $1.00 — ge on which registered Common stock , $1.00 par value per share ISTR The Nasdaq
Filing Documents
- istr20240909_8k.htm (8-K) — 24KB
- 0001437749-24-029590.txt ( ) — 153KB
- istr-20240918.xsd (EX-101.SCH) — 3KB
- istr-20240918_def.xml (EX-101.DEF) — 11KB
- istr-20240918_lab.xml (EX-101.LAB) — 15KB
- istr-20240918_pre.xml (EX-101.PRE) — 11KB
- istr20240909_8k_htm.xml (XML) — 3KB
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. INVESTAR HOLDING CORPORATION Date: September 19, 2024 By: /s/ John J. D'Angelo John J. D'Angelo President and Chief Executive Officer