US Oil Fund LP Files 8-K on Leadership Changes
Ticker: USO · Form: 8-K · Filed: May 19, 2025 · CIK: 1327068
Sentiment: neutral
Topics: leadership-change, executive-compensation, sec-filing
Related Tickers: USO
TL;DR
USO board shakeup and pay changes filed. Watch for strategy shifts.
AI Summary
On May 19, 2025, United States Oil Fund, LP filed an 8-K report detailing changes in its board of directors and executive compensation. The filing indicates a shift in leadership and potential adjustments to how key personnel are compensated.
Why It Matters
Changes in a fund's leadership and compensation structure can signal shifts in strategy or operational focus, potentially impacting investor confidence and the fund's performance.
Risk Assessment
Risk Level: medium — Changes in directorship and executive compensation can indicate internal shifts that may affect the fund's future performance or strategy.
Key Numbers
- 001-32834 — SEC File Number (Identifies the fund's registration with the SEC.)
- 20-2830691 — EIN (Employer Identification Number for tax purposes.)
Key Players & Entities
- United States Oil Fund, LP (company) — Registrant
- May 19, 2025 (date) — Filing Date
- Delaware (jurisdiction) — State of Incorporation
- 1850 Mt. Diablo Boulevard, Suite 640 Walnut Creek, California 94596 (address) — Principal Executive Offices
- New York Oil ETF, LP (company) — Former Company Name
FAQ
What specific changes were made to the board of directors?
The filing indicates 'Departure of Directors or Certain Officers; Election of Directors' as an item of disclosure, but the specific names and details of the changes are not provided in this excerpt.
What are the details of the compensatory arrangements for certain officers?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item, but the specific details of these arrangements are not included in the provided text.
When was the United States Oil Fund, LP previously known as New York Oil ETF, LP?
The date of the name change from New York Oil ETF, LP to United States Oil Fund, LP was May 13, 2005.
What is the principal business address of the registrant?
The principal executive offices are located at 1850 Mt. Diablo Boulevard, Suite 640, Walnut Creek, California 94596.
What is the fiscal year end for United States Oil Fund, LP?
The fiscal year end for United States Oil Fund, LP is December 31.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 19, 2025 regarding United States Oil Fund, LP (USO).