Lithia Motors Files 8-K: Officer Changes & Financials

Ticker: LAD · Form: 8-K · Filed: 2025-03-03T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, financials, officer-changes

Related Tickers: LAD

TL;DR

Lithia Motors (LAD) filed an 8-K on 2/27 reporting officer changes and financials.

AI Summary

Lithia Motors, Inc. filed an 8-K on February 27, 2025, reporting changes in directors or officers and compensatory arrangements. The filing also includes financial statements and exhibits, with the report date being February 27, 2025.

Why It Matters

This filing indicates potential shifts in company leadership or executive compensation, which could impact investor confidence and future strategic direction.

Risk Assessment

Risk Level: low — This is a routine filing reporting standard corporate events and financial information.

Key Numbers

Key Players & Entities

FAQ

What specific changes were made regarding directors or officers?

The filing indicates reporting under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers', but the specific details of these changes are not provided in the excerpt.

What is the nature of the compensatory arrangements mentioned?

The filing notes 'Compensatory Arrangements of Certain Officers' as an item reported, but the specifics of these arrangements are not detailed in the provided text.

What financial statements are included with this filing?

The filing lists 'Financial Statements and Exhibits' as an item, but the specific financial statements are not detailed in the excerpt.

What is the principal executive office address for Lithia Motors?

The principal executive offices are located at 150 N. Bartlett Street, Medford, Oregon 97501.

What is the SIC code for Lithia Motors?

The Standard Industrial Classification (SIC) code for Lithia Motors is 5500, which corresponds to RETAIL-AUTO DEALERS & GASOLINE STATIONS.

From the Filing

0001023128-25-000029.txt : 20250303 0001023128-25-000029.hdr.sgml : 20250303 20250303161535 ACCESSION NUMBER: 0001023128-25-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250227 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250303 DATE AS OF CHANGE: 20250303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LITHIA MOTORS INC CENTRAL INDEX KEY: 0001023128 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 930572810 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14733 FILM NUMBER: 25698119 BUSINESS ADDRESS: STREET 1: 150 NORTH BARTLETT STREET CITY: MEDFORD STATE: OR ZIP: 97501 BUSINESS PHONE: 541-776-6401 MAIL ADDRESS: STREET 1: 150 NORTH BARTLETT STREET CITY: MEDFORD STATE: OR ZIP: 97501 8-K 1 lad-20250227.htm 8-K lad-20250227 LITHIA MOTORS INC 0001023128 false 0001023128 2025-02-27 2025-02-27 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 February 27, 2025 Date of Report (date of earliest event reported) Lithia Motors, Inc. (Exact name of registrant as specified in its charter) Oregon 001-14733 93-0572810 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 150 N. Bartlett Street Medford Oregon 97501 (Address of principal executive offices) (Zip Code) ( 541 ) 776-6401 Registrant's telephone number, including area code   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): ☐ 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 without par value LAD The 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 February 27, 2025, David J. Robino informed Lithia Motors, Inc. (the “Company”) of his decision to not stand for reelection to the Company’s Board of Directors (the “Board”) at the Company’s 2025 Annual Meeting of Shareholders. In connection with Mr. Robino’s term expiring at the 2025 Annual Meeting of Shareholders, the Board intends to reduce its size from eight to seven members. Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange A

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