391 material Form 8-K filings that 340 companies we cover made with the SEC in July 2024, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Envista Holdings appointed Eric Hammes, formerly Vice President of Corporate Financial Planning & Analysis at Rockwell Automation, as Senior Vice President and Chief Financial Officer, effective August 8, 2024. He succeeds Stephen Keller, who has served as Interim Principal Financial Officer since September 2023 and will return to leading investor relations. The filing also announces two other leadership appointments, a change in top finance leadership that shareholders may track.
Eric Hammes becomes CFO effective August 8, 2024; he is 49 and previously held senior finance roles at 3M
Hammes' pay includes a $575,000 base salary, a 75% target incentive, and a one-time lump sum bonus of $1,020,000 subject to a 12-month clawback
Stephen Keller, Interim Principal Financial Officer since September 2023, will return to his previous role leading investor relations
Stefan Nilsson joins as President, Nobel Biocare, effective July 15, 2024; Veronica Acurio joins as President, Orthodontics, effective August 2, 2024
FB Financial Corporation reported second-quarter 2024 net income of $40.0 million, or $0.85 per diluted share, up from $0.75 a year earlier, with total revenue of $128.2 million and a net interest margin of 3.57%. Adjusted diluted EPS of $0.84 was slightly below the prior quarter's $0.85, while total deposits and some credit-quality measures moved in the less favorable direction. The company will hold a conference call on July 16, 2024.
Net income of $40.0 million, or $0.85 per diluted share, compared with $0.59 in the first quarter of 2024 and $0.75 in the second quarter of 2023.
Adjusted diluted EPS of $0.84, compared with $0.85 in the first quarter of 2024 and $0.77 a year earlier.
Net interest margin rose to 3.57% from 3.42% in the first quarter of 2024 and 3.40% a year earlier.
Total deposits fell to $10.47 billion from $10.87 billion at June 30, 2023; nonperforming loans rose to 0.79% of loans HFI from 0.47%.
Silicon Laboratories' Compensation Committee approved new severance agreements on July 9, 2024, for CEO Matt Johnson and four other executives, replacing agreements set to expire October 31, 2024. The company says the new agreements are substantially similar to the expiring ones and run until October 31, 2027.
Agreements approved July 9, 2024; replace agreements scheduled to expire October 31, 2024
CEO Matt Johnson's change-in-control package is 200% of base salary and 200% of target variable compensation, with 24 months of COBRA coverage
Other covered executives: Dean Butler, Robert Conrad, Brandon Tolany and Mark Mauldin, at 100% of base salary and target variable compensation
ServisFirst Bancshares reported second-quarter 2024 net income of $52.1 million and diluted earnings per share of $0.95, up from $50.0 million and $0.92 in the first quarter but down from $53.5 million and $0.98 in the second quarter of 2023. The company said net interest margin rose to 2.79% and it entered the Auburn-Opelika, Alabama market during the quarter.
Net income $52.1 million vs. $50.0 million in Q1 2024 and $53.5 million in Q2 2023
Diluted EPS $0.95 vs. $0.92 in Q1 2024 and $0.98 in Q2 2023
Net interest margin 2.79% vs. 2.66% in Q1 2024 and 2.93% in Q2 2023
Total deposits $13.26 billion at June 30, 2024, up 7.9% year-over-year
Watts Water Technologies entered a Third Amended and Restated Credit Agreement on July 12, 2024, extending the maturity of its $800 million senior unsecured revolving credit facility from March 30, 2026 to July 12, 2029. The expansion option was amended to $400 million, while the benchmark spread and financial covenants were not changed. For shareholders, this is a routine refinancing that pushes out the company's main credit facility maturity by about three years.
Revolving credit facility maturity extended from March 30, 2026 to July 12, 2029
Expansion option amended to $400 million
Benchmark spread and financial covenants unchanged
Domestic subsidiaries guarantee obligations under the Third Amended and Restated Guaranty dated July 12, 2024
Eastern Bankshares completed its merger with Cambridge Bancorp shortly before midnight on July 12, 2024. Cambridge shareholders will receive about 39.2 million shares of Eastern common stock, which increases the number of shares outstanding. The company also named R. David Rosato as Chief Financial Officer, starting August 1, 2024, succeeding James B. Fitzgerald.
Merger completed July 12, 2024; each Cambridge share converted into 4.956 Eastern shares
Cambridge shareholders to receive an aggregate of approximately 39.2 million Eastern shares
R. David Rosato appointed CFO, expected to start August 1, 2024, with $550,000 annual base salary
James B. Fitzgerald transitions out of CFO role and will serve in an advisory capacity for an interim period
AutoNation said a cyber incident at third-party provider CDK Global disrupted its dealer management system and core functions, and it estimates the incident will reduce second-quarter 2024 earnings per share by about $1.50 before any insurance or other recoveries. After that impact, the company estimates GAAP earnings per share for the quarter ended June 30, 2024, will be between $3.15 and $3.30, and these estimates are subject to change. Shareholders face lower reported profit for the quarter, though the company says it does not expect a material effect on its overall financial condition or ongoing operations.
Estimated negative impact of about $1.50 per share on Q2 2024 EPS, before potential recoveries
Impact split roughly evenly between lost income from June 19 to June 30, 2024 and one-time costs, mainly guaranteed compensation to retain commission-based associates
Estimated GAAP EPS for the quarter ended June 30, 2024: $3.15 to $3.30
Dealer management system and core functions restored; ancillary systems expected fully restored before the end of July 2024; second-quarter results due July 31, 2024
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.