Royal Gold Reports Director Changes and Compensation Updates

Ticker: RGLD · Form: 8-K · Filed: 2024-11-20T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, director-changes

Related Tickers: RGLD

TL;DR

Board shuffle and pay changes at Royal Gold, Inc. (RGLD).

AI Summary

Royal Gold, Inc. filed an 8-K on November 20, 2024, reporting on several key events that occurred on November 19, 2024. These include the departure of a director, the election of a new director, and changes to compensatory arrangements for certain officers. The filing also notes amendments to the company's articles of incorporation or bylaws and other events.

Why It Matters

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

Risk Assessment

Risk Level: low — The filing reports routine corporate governance and compensation matters, which typically carry low inherent risk.

Key Players & Entities

FAQ

Who is the departing director and who is the newly elected director?

The filing indicates the departure of a director and the election of a new director, but their specific names are not detailed in the provided text.

What specific amendments were made to the articles of incorporation or bylaws?

The filing mentions amendments to the articles of incorporation or bylaws, but the specific details of these amendments are not included in the provided text.

What are the key changes in the compensatory arrangements for certain officers?

The filing notes changes to compensatory arrangements for certain officers, but the specifics of these changes are not detailed in the provided text.

What other events are being reported in this 8-K filing?

Besides director changes and compensation updates, the filing also covers amendments to articles of incorporation or bylaws and other events, though specifics are not provided.

What is the SIC code for Royal Gold, Inc.?

The Standard Industrial Classification (SIC) code for Royal Gold, Inc. is 6795, which corresponds to Mineral Royalty Traders.

From the Filing

0000085535-24-000059.txt : 20241120 0000085535-24-000059.hdr.sgml : 20241120 20241120171022 ACCESSION NUMBER: 0000085535-24-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241119 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241120 DATE AS OF CHANGE: 20241120 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: 241481297 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-20241119.htm 8-K rgld-20241119 FALSE 0000085535 12/31 0000085535 2024-11-20 2024-11-20 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): November 19, 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 Royal Gold, Inc. (the “Company” or “Royal Gold”) entered into agreements, effective November 19, 2024, with each of William Heissenbuttel, Paul Libner, and Randy Shefman, extending the terms of each of their respective emplo

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