392 material Form 8-K filings that 341 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).
Simpson Manufacturing Co. said its Chief Financial Officer and Treasurer, Brian Magstadt, will retire effective December 31, 2024. The company has started a search for a successor that includes both internal and external candidates, and the filing does not name a replacement or report any financial results.
Brian Magstadt notified the company on July 25, 2024, that he will retire effective December 31, 2024.
Magstadt joined Simpson in 2004 and has been CFO and Treasurer since 2012.
The company is searching for a new CFO, with both internal and external candidates under consideration.
CEO Mike Olosky said the search is already underway.
On July 29, 2024, Texas Capital Bancshares entered into an amended and restated employment agreement with CEO Robert C. Holmes and approved special retention restricted stock units for four named executive officers. The board said the changes reflect Holmes's leadership through the company's multi-year transformation, and the filing sets out larger severance and change-in-control terms that apply to him.
CEO agreement sets base salary at $1,100,000 with a target cash incentive of not less than 200% for the rest of 2024 and not less than 180% from 2025
Holmes receives a one-time RSU award with a grant date value of $4,045,489 (61,491 units), cliff vesting on the third anniversary of grant
Severance is two times base salary plus target bonus, rising to three times if termination occurs from 90 days before to two years after a change in control
Other named executives receiving RSUs: J. Matthew Scurlock $1,000,000, John W. Cummings $350,000, Anna M. Alvarado $375,000
ADMA Biologics promoted Brad Tade, its former vice president of financial operations, to chief financial officer and treasurer effective July 24, 2024. The company entered into an employment agreement with Mr. Tade, which sets a $435,000 base salary, a target bonus of 45% of salary, and equity grants of options and restricted stock units.
Brad Tade, age 51, joined ADMA in June 2023 as vice president, financial operations, and is now CFO and treasurer effective July 24, 2024
Base salary of $435,000 with a target annual cash bonus of 45% of base salary
Equity grant of an option to purchase 115,100 shares and 72,400 restricted stock units, vesting over four years
Casey's General Stores agreed on July 25, 2024 to acquire Fikes Wholesale, owner of CEFCO Convenience Stores, in an all-cash deal. The deal would add 198 retail stores and a dealer network, and the company says it is accretive to EBITDA in the current fiscal year, which is a company claim not yet tested by results. The deal is subject to regulatory review and is expected to close in the fourth quarter of 2024.
Aggregate cash purchase price of $1.145 billion, including tax benefits valued at about $165 million, for a net after-tax price of $980 million
Adds 198 stores and a dealer network, taking the footprint to nearly 2,900 stores; 148 stores are in Texas and 50 are in Alabama, Florida and Mississippi
Company plans to fund the deal with balance sheet cash and bank financing, and expects about $45 million in annual run-rate synergies
Expected to close in the fourth quarter of calendar 2024, subject to closing conditions including the Hart-Scott-Rodino waiting period
AptarGroup said CFO Robert Kuhn will retire as CFO on December 31, 2024, and as principal accounting officer on July 31, 2024. Vanessa Kanu, former CFO of TELUS International and Mitel Networks, will become EVP and CFO on January 1, 2025, and Daniel Ackerman, the company's corporate controller since 2015, will become Chief Accounting Officer on August 1, 2024.
Robert Kuhn, CFO since 2008, retires as CFO on December 31, 2024, and as principal accounting officer on July 31, 2024, and will serve as an advisor for one year at $10,000 per month.
Vanessa Kanu's employment agreement sets a $720,000 base salary, a $300,000 sign-on payment and a restricted stock unit grant with a $700,000 grant date fair value.
Kanu is expected to join as CFO designate, with a start date no later than November 1, 2024, subject to U.S. visa approval.
Daniel Ackerman becomes Chief Accounting Officer on August 1, 2024, with a restricted stock unit grant with a $750,000 grant date fair value.
Church & Dwight said its Executive Vice President, Chief Marketing Officer and President of Consumer Domestic, Barry A. Bruno, notified the company on July 22, 2024 that he will leave to pursue an external opportunity. He will remain in his role until early October, and the company expects to name a successor later this year.
Barry A. Bruno, EVP, Chief Marketing Officer and President – Consumer Domestic, is leaving the company
Notice given July 22, 2024; he will stay in his current role until early October
The company expects to name a successor later this year
On July 21, 2024, Dover entered into an agreement to sell its Environmental Solutions Group businesses to Terex Corporation for $2.0 billion in cash, subject to customary adjustments. Closing depends on customary conditions, including expiration of the Hart-Scott-Rodino waiting period, and either party may terminate if the deal is not completed by April 21, 2025. The filing does not state the financial effect of the sale on Dover's earnings or the use of proceeds.
Buyer: Terex Corporation; price: $2.0 billion in cash, subject to customary transaction adjustments
Agreement signed July 21, 2024; either party may terminate if the deal is not consummated by April 21, 2025
Closing requires the expiration or termination of the Hart-Scott-Rodino waiting period and no governmental order blocking the deal
Full agreement to be filed as an exhibit to the Form 10-Q for the quarter ending September 30, 2024
Otis Worldwide's CFO Anurag Maheshwari is resigning effective August 23, 2024, to pursue external opportunities, and the company has appointed Cristina Méndez, currently Senior Vice President, Finance EMEA & Transformation, as Executive Vice President and CFO effective the same date. The filing says Maheshwari's departure was not the result of any dispute or disagreement, and it provides a transition period through late August; the change puts a new finance chief in charge ahead of the company's July 24 second quarter earnings release.
Anurag Maheshwari resigns as EVP and CFO effective August 23, 2024, to pursue external opportunities
Cristina Méndez, 44, appointed EVP and CFO effective August 23, 2024; she has worked at Otis since February 2022
Méndez's base salary rises to $770,000 with a 100% annual short-term incentive target
Supplemental 2024 long-term incentive award with an aggregate target value of $2,390,000
Darden Restaurants agreed on July 17, 2024 to acquire all outstanding shares of Chuy's Holdings for $37.50 per share in cash, a transaction with an enterprise value of approximately $605 million. The deal requires approval by a majority of Chuy's stockholders and the expiration of the HSR waiting period, and it is not subject to a financing condition. For Darden shareholders, the companies say the deal is expected to be neutral to fiscal 2025 diluted EPS excluding acquisition costs, and accretive by approximately 12 to 15 cents in fiscal 2027.
Price of $37.50 per share in cash, about $605 million enterprise value, a 40% premium to Chuy's 60-day volume weighted average price
Darden expects acquisition and integration-related expenses of approximately $50 to $55 million, pre-tax, and pre-tax net synergies of approximately $15 million by the end of fiscal 2026
Go-shop period ends 11:59 p.m. New York time on August 16, 2024; termination fee of $22,421,057 applies in certain circumstances; End Date is February 17, 2025
Chuy's had 101 restaurants in 15 states as of July 16, 2024, and total revenues over $450 million for the twelve months ended March 31, 2024
Ziff Davis issued $263.1 million of new 3.625% convertible senior notes due 2028 and paid about $135.0 million in cash to exchange $400.9 million of its 1.75% convertible notes due 2026. The exchange extends the maturity of that debt by about two years and adds a new obligation tied to the company's stock price, with potential dilution of up to 2,631,470 shares if converted in shares.
Exchanged $400,891,000 of 1.75% 2026 notes for $263,147,000 of new 3.625% 2028 notes plus about $134,989,000 in cash
New 2028 notes mature March 1, 2028; interest is paid semi-annually starting March 1, 2025
Initial conversion price is $100 per share, implying up to 2,631,470 common shares if settled in stock
Notes are senior unsecured and rank structurally below all subsidiary liabilities
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
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
MasterBrand, Inc. completed its acquisition of Dura Investment Holdings LLC, the parent of Supreme Cabinetry Brands, on July 10, 2024, for $520 million in cash, subject to customary adjustments. The company expects $28 million in annual run-rate cost synergies by the end of year three and expects the deal to be accretive to adjusted diluted earnings per share within the first full year after closing.
Purchase price of $520 million in cash, subject to customary adjustments, completed on July 10, 2024
Expected annual run-rate cost synergies of $28 million by the end of year three, from procurement, facility optimization and overhead
Expected to be accretive to adjusted diluted earnings per share within the first full year after closing
Financial statements and pro forma information will be filed by amendment within 71 days after the 8-K due date
On July 5, 2024, Standard Motor Products agreed to acquire Nissens Automotive, a European aftermarket parts supplier, for €360 million (about $388 million) in cash on a cash-free, debt-free basis. The company will fund the deal with its credit facility, including a new $125 million term loan, and closing is subject to competition and regulatory clearances, with an outside date of April 1, 2025.
Purchase price of €360 million (about $388 million), subject to adjustment at closing
Amended credit agreement adds a $125 million Term A-2 Loan maturing five years after funding
Company presentation cites Nissens annual revenues of about $260 million and an estimated 7.5x Adjusted EBITDA multiple including run-rate cost synergies of $10 million
Company expects closing by the end of 2024; agreement can be terminated if closing has not occurred by April 1, 2025
Quest Diagnostics signed an agreement on July 2, 2024 to acquire LifeLabs, a Canadian provider of laboratory diagnostic services, from OMERS for about 1.35 billion Canadian dollars (about $985 million U.S.), including net debt. The company expects to fund the deal with cash on hand and debt, and expects it to close by the end of 2024, subject to customer consents and Canadian regulatory approvals.
Purchase price is about CAN $1.35 billion (about USD $985 million), including net debt, subject to customary adjustments.
The company expects the deal to add about CAN $970 million (about USD $710 million) in annual revenue.
Quest expects the deal to be slightly dilutive to GAAP EPS but accretive to adjusted EPS in the first 12 months after closing.
Closing is expected by the end of the year and depends on customer consents and Competition Act and Investment Canada Act conditions.
Cullen/Frost said CFO Jerry Salinas will retire effective December 31, 2024. Dan Geddes, currently San Antonio Region President, will become Group Executive Vice President and Chief Financial Officer on January 1, 2025, and Matt Henson will become Chief Accounting Officer on the same date. The changes affect the top finance roles, but the filing contains no financial results or guidance.
Jerry Salinas, who has worked at Frost since 1986, will retire effective December 31, 2024.
Dan Geddes, age 50, joined the company in 1997 and will become CFO effective January 1, 2025.
Matt Henson, age 53, joined in 2003 and will become Chief Accounting Officer effective January 1, 2025.
Clay Jones was named San Antonio region president, effective immediately.
Eastern Bankshares' board appointed four directors from Cambridge Bancorp, effective upon closing of their pending merger, which the press release says is expected on or about July 12, 2024. Denis Sheahan, Cambridge's chairman, president and CEO, will become Eastern's CEO at closing, while Bob Rivers will serve as Executive Chair, so the change sets the post-merger leadership and board.
Appointed directors: Leon A. Palandjian, Cathleen A. Schmidt, Denis K. Sheahan and Andargachew S. Zelleke, effective upon the merger closing
Merger expected to close on or about July 12, 2024; the merger agreement is dated September 19, 2023
Sheahan will become Eastern CEO at closing; Bob Rivers will serve as Executive Chair and Chair of the Eastern Boards
Terms: Zelleke until the 2025 annual meeting; Palandjian and Schmidt until 2026; Sheahan until 2027
Gartner amended the employment agreement of CEO and Chairman Eugene A. Hall, effective July 1, 2024, extending its term through December 31, 2031. The filing describes this as a term extension and does not disclose changes to pay or other terms in the summary text, which refers to the full amendment filed as Exhibit 10.1.
Amendment signed June 30, 2024, effective July 1, 2024, with CEO and Chairman Eugene A. Hall
Extends the term of Mr. Hall's employment agreement through December 31, 2031
Amends the agreement dated February 14, 2019, as amended April 29, 2021; full text filed as Exhibit 10.1
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.