Weis Markets Announces Director Departure & New Appointments

TL;DR

Weis Markets shakes up board and exec team, effective Oct 16.

AI Summary

Weis Markets, Inc. announced on October 16, 2024, the departure of Director David M. Glickman. The company also announced the election of new directors, including Jonathan Weis, and the appointment of new officers, such as Kurt M. Schmeiser as Senior Vice President of Operations. These changes are effective as of October 16, 2024.

Why It Matters

Changes in board composition and executive leadership can signal shifts in company strategy or operational focus.

Risk Assessment

Risk Level: low — The filing reports routine corporate governance changes and executive appointments, which typically carry low immediate risk.

Key Players & Entities

• Weis Markets, Inc. (company) — Registrant
• David M. Glickman (person) — Departing Director
• Jonathan Weis (person) — Elected Director
• Kurt M. Schmeiser (person) — Appointed Senior Vice President of Operations
• October 16, 2024 (date) — Effective date of changes
• October 22, 2024 (date) — Filing date

FAQ

From the Filing

0000105418-24-000051.txt : 20241022 0000105418-24-000051.hdr.sgml : 20241022 20241022163243 ACCESSION NUMBER: 0000105418-24-000051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241016 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241022 DATE AS OF CHANGE: 20241022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEIS MARKETS INC CENTRAL INDEX KEY: 0000105418 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 240755415 STATE OF INCORPORATION: PA FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05039 FILM NUMBER: 241386687 BUSINESS ADDRESS: STREET 1: 1000 S SECOND ST STREET 2: PO BOX 471 CITY: SUNBURY STATE: PA ZIP: 17801 BUSINESS PHONE: 570-286-4571 MAIL ADDRESS: STREET 1: 1000 S SECOND ST STREET 2: PO BOX 471 CITY: SUNBURY STATE: PA ZIP: 17801 8-K 1 wmk-20241016x8k.htm 8-K 0000105418 false 0000105418 2024-10-16 2024-10-16 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): October 22, 2024 ( October 16, 2024 ) WEIS MARKETS, INC . (Exact name of registrant as specified in its charter) ​ Pennsylvania (State or other jurisdiction of incorporation) ​ 1-5039 ​ 24-0755415 (Commission File Number) ​ (IRS Employer Identification No.) ​ ​ ​ 1000 South Second Street ​ ​ Sunbury , PA ​ 17801 (Address of principal executive offices) ​ (Zip Code) ​ Registrant's telephone number, including area code:  ( 570 ) 286-4571 N/A (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 Name of exchange on which registered Common stock, no par value WMK New York Stock Exchange ​ Indicate by check mark whether the registrant is an emerging growth company as defined in 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. ​ Effective October 16, 2024, Kurt A. Schertle separated from service as Chief Operating Officer, Secretary of Weis Markets, Inc. (the “Company”). ​ Jonathan H. Weis, Chairman, President, and Chief Executive Officer assumed the duties of interim Chief Operating Officer of the Company effective October 16, 2024. Biographical and other information regarding Mr. Weis required by Items 401(b) and 401(e) of Regulation S-K is contained in the Company’s Proxy Statement on