Beasley Broadcast Group Proxy Statement Filed

Ticker: BBGI · Form: DEF 14A · Filed: 2025-04-29T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: BBGI

TL;DR

BBGI proxy statement out - exec comp details for 2024.

AI Summary

Beasley Broadcast Group Inc. filed a DEF 14A on April 29, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on changes in the fair value of outstanding equity awards granted in prior years to both principal and non-principal executive officers.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation, which can influence investment decisions and corporate accountability.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing information on executive compensation and corporate governance, not indicating new financial risks.

Key Players & Entities

FAQ

What is the primary purpose of this DEF 14A filing?

The primary purpose of this DEF 14A filing is to provide shareholders with information regarding executive compensation, corporate governance, and other matters to be voted on at the company's annual meeting.

What fiscal year does this filing primarily cover?

This filing primarily covers the fiscal year ending December 31, 2024, detailing compensation and equity awards for that period.

Who is the filer of this document?

The filer of this document is BEASLEY BROADCAST GROUP INC.

What is the company's Standard Industrial Classification (SIC) code?

The company's Standard Industrial Classification (SIC) code is 4832, which corresponds to RADIO BROADCASTING STATIONS.

What specific types of equity award changes are detailed in the filing?

The filing details changes in the fair value of outstanding and unvested equity awards granted in prior years, as well as changes in fair value as of the vesting date of prior year equity awards that vested in the covered year.

From the Filing

0000950170-25-060086.txt : 20250429 0000950170-25-060086.hdr.sgml : 20250429 20250429160447 ACCESSION NUMBER: 0000950170-25-060086 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20250428 FILED AS OF DATE: 20250429 DATE AS OF CHANGE: 20250429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEASLEY BROADCAST GROUP INC CENTRAL INDEX KEY: 0001099160 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] ORGANIZATION NAME: 06 Technology EIN: 650960915 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-29253 FILM NUMBER: 25887076 BUSINESS ADDRESS: STREET 1: 3033 RIVIERA DRIVE STREET 2: SUITE 200 CITY: NAPLES STATE: FL ZIP: 34103 BUSINESS PHONE: 9412635000 MAIL ADDRESS: STREET 1: 3033 RIVIERA DRIVE STREET 2: SUITE 200 CITY: NAPLES STATE: FL ZIP: 34103 DEF 14A 1 bbgi-20250428.htm DEF 14A DEF 14A false 0001099160 DEF 14A 0001099160 2024-01-01 2024-12-31 0001099160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001099160 ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001099160 2022-01-01 2022-12-31 0001099160 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2024-01-01 2024-12-31 0001099160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001099160 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 2024-01-01 2024-12-31 0001099160 2023-01-01 2023-12-31 0001099160 ecd:PeoMember 2024-01-01 2024-12-31 iso4217:USD     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant  Filed by a Party other than the Registrant    Check the appropriate box:       ☐   Preliminary Proxy Statement       ☐   Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))       ☒   Definitive Proxy Statement       ☐   Definitive Additional Materials       ☐   Soliciting Material under § 240.14a-12   BEASLEY BROADCAST GROUP, INC. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)   Payment of Filing Fee (Check all boxes that apply):       ☒   No fee required.       ☐   Fee paid previously with preliminary materials.       ☐   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.       3033 Riviera Drive Suite 200 Naples, Florida 34103 (239) 263-5000 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 25, 2025 The Annual Meeting of Stockholders of Beasley Broadcast Group, Inc., a Delaware corporation (the “Company”), will be held on Wednesday, June 25, 2025, at 12:00 p.m. Eastern Time, at the corporate offices of Beasley Broadcast Group, Inc., 3033 Riviera Drive, Suite 200, Naples, Florida 34103, for the following purposes: 1. The election of six nominees for directors to hold office until the next Annual Meeting of Stockholders or until their respective successors have been elected and qualified; 2. An advisory vote to approve named executive officer compensation; 3. An advisory vote on the frequency of future votes to approve named executive officer compensation; 4. The ratification of the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025; 5. Approval of the 2025 Equity Incentive Award Plan; and 6. To transact such other business as may properly come before the Annual Meeting of Stockholders and any adjournment or postponement thereof

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