1,024 material Form 8-K filings that 799 companies we cover made with the SEC in August 2025, 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).
Expand Energy's chief financial officer, Mohit Singh, left the company effective August 13, 2025, in a termination without cause, and Treasurer Brittany Raiford became interim CFO and principal financial officer on the same date. The company is searching for a permanent CFO, so the finance function is under interim leadership until that hire is made.
Mohit Singh, EVP and CFO, departed effective August 13, 2025, in a termination without cause; he will receive post-employment benefits under the Executive Severance Plan.
Brittany Raiford, 39, Vice President - Treasurer, was appointed interim CFO effective August 13, 2025.
Raiford's pay includes a $334,750 annual base salary, a $12,000 monthly cash stipend and RSUs with a $200,000 grant date fair value that vest over three years.
The company is conducting a search for a permanent CFO; no timing was given.
Equinix elected Dr. Yanbing Li, Chief Product Officer at Datadog, as an independent director effective August 12, 2025, bringing the Board to 9 members. She will serve on the Talent, Culture and Compensation Committee and receive the standard non-employee director compensation.
Dr. Yanbing Li elected as independent director effective August 12, 2025
Board now consists of 9 members
Li will serve on the Talent, Culture and Compensation Committee
Li is Chief Product Officer at Datadog; previously held roles at Aurora and Google
Southside Bancshares completed a public offering of $150 million in 7.00% fixed-to-floating rate subordinated notes due 2035, with net proceeds of about $147.75 million. The company intends to use the proceeds for general corporate purposes, which may include redeeming its 3.875% subordinated notes due 2030 on November 15, 2025.
Notes total $150 million, with a 7.00% fixed rate until August 15, 2030, then a floating rate of Three-Month Term SOFR plus 357 basis points
Net proceeds of approximately $147.75 million after underwriting discounts and commissions, before offering expenses
Notes are intended to qualify as Tier 2 capital and rank junior to senior debt and equal with existing subordinated notes
Proceeds may fund redemption of 3.875% notes due 2030 on November 15, 2025, among other uses
WisdomTree sold $475.0 million of 4.625% convertible senior notes due 2030 in a private offering to qualified institutional buyers, with net proceeds of approximately $464 million. The notes can convert into common stock at an initial price of about $19.15 per share, so the offering could add up to about 35.96 million shares to the share count if holders convert, though the company may settle conversions in cash in whole or in part.
Principal of $475.0 million includes $60 million from the initial purchasers' full option exercise; net proceeds approximately $464 million
Notes mature August 15, 2030, with interest payable semiannually beginning February 15, 2026
Initial conversion price of approximately $19.1545 per share; maximum of 35,957,643 shares issuable on conversion at the maximum conversion rate
The company may not redeem the notes before August 20, 2027; Oppenheimer & Co. Inc. acted as representative of the initial purchasers
AAR Corp. issued $150 million of additional 6.750% senior notes due 2029 on August 14, 2025, at 102.000% of principal, for a yield to maturity of 6.119%. The notes are treated as a single series with $550 million of existing notes due 2029, and the company plans to use the net proceeds to repay borrowings under its unsecured revolving credit facility and to pay offering fees and expenses.
Issued $150 million aggregate principal on August 14, 2025, at 102.000% of principal, yield to maturity 6.119%
Notes bear 6.750% interest, paid semiannually on March 15 and September 15, starting September 15, 2025, maturing March 15, 2029
Net proceeds to repay outstanding revolving credit facility borrowings and pay offering fees and expenses
Antero Resources and Antero Midstream said Paul Rady, co-founder and longtime chief executive, is moving to Chairman Emeritus, and CFO Michael Kennedy is becoming chief executive and president of both companies, effective August 14, 2025. The filing also separates the chairman and CEO roles, with Benjamin Hardesty named chairman of Antero Resources, and names Brendan Krueger as Antero Resources' CFO. The filing reports leadership changes only and includes no financial results.
Michael N. Kennedy becomes CEO and President of Antero Resources and Antero Midstream, and joins both boards; he ceases to be CFO of Antero Resources
Paul M. Rady moves to Chairman Emeritus until December 31, 2028, with an annual salary of $50,000 and a pro-rated 2025 annual incentive bonus
Benjamin A. Hardesty becomes Chairman of Antero Resources; Brendan E. Krueger becomes CFO of Antero Resources
Ligand Pharmaceuticals completed a private offering of $460.0 million of 0.75% convertible senior notes due October 1, 2030, including the full exercise of a $60.0 million option, with net proceeds of approximately $445.1 million. The notes are unsecured senior obligations, so the offering adds a new debt obligation for shareholders to weigh, while the company says convertible note hedges are expected generally to reduce potential dilution from conversions.
$460.0 million aggregate principal at 0.75% interest, payable semiannually from April 1, 2026; maturity October 1, 2030
Initial conversion price of approximately $194.79 per share, a premium of approximately 32.5% to the August 11, 2025 last reported sale price
Net proceeds of approximately $445.1 million; about $45.9 million used for hedge costs and $15.0 million to repurchase 102,034 shares at $147.01 per share
Warrants have an initial strike price of $294.02 per share and could have a dilutive effect if the stock price exceeds that level; the company may not redeem the notes before October 6, 2028
Antero Midstream and Antero Resources said co-founder Paul Rady is moving from CEO, president and board chairman to Chairman Emeritus, with Michael Kennedy, the former CFO, succeeding him as CEO and president of both companies effective August 14, 2025. The filing also separates the chairman and CEO roles at Antero Midstream, names Justin Agnew as Antero Midstream CFO, and amends the bylaws to reflect the new structure, with no financial results disclosed.
Michael N. Kennedy becomes CEO and President of Antero Midstream and Antero Resources, effective August 14, 2025, and joins each board.
David H. Keyte becomes Chairman of the Board of Antero Midstream, separating the chairman and CEO roles.
Justin J. Agnew becomes CFO of Antero Midstream; Brendan E. Krueger becomes CFO of Antero Resources.
Paul Rady will serve as Chairman Emeritus until December 31, 2028 and receive an annual salary of $50,000.
Ball Corporation completed a $750 million underwritten public offering of 5.500% senior notes maturing September 15, 2033, on August 14, 2025. The notes are senior unsecured obligations, fully guaranteed by substantially all of its domestic subsidiaries, which adds new long-term debt to the company's balance sheet.
Principal amount: $750 million of 5.500% Senior Notes due September 15, 2033
Interest payable semiannually on January 1 and July 1, beginning January 1, 2026
Company may redeem before June 15, 2033 at par plus a make-whole premium; on or after that date at par plus accrued interest
Upon a change of control repurchase event, Ball must offer to buy the notes at 101% of principal plus accrued interest
On August 13, 2025, U.S. Bank National Association, the principal banking subsidiary of U.S. Bancorp, entered into a time sharing agreement and a charter flight reimbursement agreement with CEO Gunjan Kedia covering use of the company's corporate aircraft and reimbursement of certain charter travel costs. The filing says the company may enter similar agreements with other executive officers, but it does not state any dollar amounts.
Agreements dated August 13, 2025, with President and CEO Gunjan Kedia
Covers use of the Company's corporate aircraft and reimbursement of certain charter flight costs
Forms of both agreements filed as Exhibits 10.1 and 10.2
Company may enter similar agreements with other executive officers
Affiliated Managers Group named Marcy Engel as an independent director, effective September 30, 2025. Director Dwight D. Churchill, who joined the board in February 2010, will retire from the board on the same date. The filing reports no financial results, and the changes are board-level governance updates.
Marcy Engel appointed independent director effective September 30, 2025
Engel previously served as chair of Sculptor Capital Management's board, 2021 through 2023
Dwight D. Churchill to retire from the board effective September 30, 2025 after about 15 years of service
Churchill previously chaired the Audit Committee and served as board chair and interim chair
Talos Energy appointed Zachary B. Dailey, formerly Marathon Oil's Controller and Chief Accounting Officer, as Executive Vice President and Chief Financial Officer effective August 18, 2025. Gregory M. Babcock steps down as interim CFO and continues as Vice President and Chief Accounting Officer, and the company also named William R. Langin as Executive Vice President of Exploration and Development.
Zachary B. Dailey becomes EVP and CFO effective August 18, 2025, with an annualized base salary of $450,000 and a short-term incentive target of 80% of base salary
Gregory M. Babcock stops serving as interim CFO and principal financial officer but remains Vice President and Chief Accounting Officer
William R. Langin joins as EVP, Exploration and Development, expected to start September 29, 2025
Megan Dick was promoted to EVP and Chief Human Resources Officer effective August 1, 2025
Itron's board appointed Sheri Savage as a director effective August 11, 2025, and she joined the Audit/Finance Committee. Savage is senior vice president, finance and CFO at Ultra Clean Holdings, and the filing describes her as having more than 30 years of finance experience.
Board appointment effective August 11, 2025; Savage joins the Audit/Finance Committee
Savage has been CFO of Ultra Clean Holdings since July 2016 and has been with that company since 2009
Savage will receive the company's standard non-employee director compensation, per the 2025 proxy statement
Announced in a press release dated August 14, 2025 (Exhibit 99.1)
Neogen appointed Avi Pelossof as a director effective October 24, 2025, and director William Boehm will retire from the board when his term ends on October 23, 2025. Boehm has served on the board since 2011 and chairs the Audit Committee, so the filing signals a change in that committee's leadership, though the filing does not name a successor chair.
Avi Pelossof appointed to the board effective October 24, 2025 as a Class II director
William T. Boehm, a director since 2011, retires when his term ends October 23, 2025
Boehm chairs the Audit Committee and serves on the Compensation & Talent Management Committee
Pelossof previously served as CEO and President of Immucor Inc. and held a senior role at Alere Inc.
Highwoods Properties modified its $200.0 million unsecured bank term loan on August 12, 2025, pushing the maturity from May 2026 to January 2029. The filing says the interest rate is SOFR plus 95 basis points based on current credit ratings, with a further option to extend the term by two years if no defaults have occurred.
Maturity extended from May 2026 to January 2029 on the $200.0 million unsecured term loan
Interest rate is SOFR plus 95 basis points based on current credit ratings
Rate may move up or down 2.5 basis points based on pre-determined greenhouse gas reduction goals
Company has an option to extend the term by two additional years
Co-founders Logan Green and John Zimmer resigned from Lyft's board effective August 14, 2025, and Sean Aggarwal was appointed Chair. All Class B shares convert into Class A shares on August 15, 2025, ending the dual-class voting structure, so each share will carry one vote. The filing states the conversion does not change shareholders' economic interests or the total number of outstanding shares.
Class B shares convert one-for-one into Class A shares at 5:00 p.m. Eastern Time on August 15, 2025; each Class B share previously carried 20 votes.
Logan Green and John Zimmer resigned from the board effective August 14, 2025; the board size falls from nine to seven.
Sean Aggarwal, a director since 2016, succeeds Green as Chair; Green and Zimmer will collectively own approximately 9.69 million Class A shares.
Okta, Inc. expanded its board from eight to ten directors and appointed David Schellhase as an independent director and Mary Agnes (Maggie) Wilderotter as a non-independent director, both effective August 13, 2025. The filing describes board committee assignments and standard non-employee director pay, but no financial results or changes to executive roles.
Board size increased from eight to ten directors, effective August 13, 2025.
Schellhase joins as an independent Class III director, serving until the 2026 annual meeting, and joins the Compensation and Nominating and Corporate Governance Committees.
Wilderotter joins as a non-independent Class II director, serving until the 2028 annual meeting, and joins the Cybersecurity Risk and M&A Committees.
Each director will receive annual board compensation of $35,000 and an initial grant of 5,826 RSUs vesting annually over three years.
PulteGroup's subsidiary Pulte Mortgage amended its Master Repurchase Agreement with JPMorgan Chase as agent, extending the term to August 12, 2026. The maximum aggregate commitment is $625 million, with an accordion feature that could raise it to $675 million if existing buyers increase their committed sums. The facility funds mortgage loan origination, so the amendment keeps this financing line in place for the company's home sales financing.
Amendment dated August 13, 2025 extends the term to the earlier of August 12, 2026 or a termination date
Maximum aggregate commitment set at $625 million, subject to certain sublimits
Accordion feature could increase the commitment to $675 million if existing buyers provide more committed sums
Directors Jordan F. Ransom and Lee E. Evangelakos resigned from V2X's board, effective August 14, 2025, following a August 11 share sale by Vertex Aerospace, which had the right under a shareholders agreement to designate them. The board appointed David E. Farnsworth, a former CFO of Mercury Systems, to fill Evangelakos's seat, and it reshuffled committee seats. The filing describes routine board governance changes and does not report any financial results.
Ransom (Class III) and Evangelakos (Class I) resignations accepted by the board, effective August 14, 2025; the filing says they were not due to any disagreement with the company.
David E. Farnsworth, 65, appointed Class I director through the 2027 Annual Meeting and to the Audit and Nominating and Governance committees.
Board size reduced from 11 to 10 directors effective August 14, 2025.
Stephen L. Waechter moved from the Audit Committee to the Compensation and Human Capital Committee, replacing Neil D. Snyder.
Mark R. Fetting, Chairperson of the Board of Trustees of Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG), unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, passed away unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Effective August 12, 2025, the Board was reduced from ten members to nine.
The fund disclosed that Mark R. Fetting, its Board Chairperson, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025. The filing describes a leadership change and board reduction, with no stated financial impact.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson
Board size reduced from ten to nine members, effective August 12, 2025
Mark R. Fetting, Chairperson of the Board of Trustees of Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV), unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Effective August 12, 2025, the Board was reduced from ten to nine members.
The fund disclosed that Mark R. Fetting, Chairperson of the Board of Trustees, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson
Board size reduced from ten to nine members, effective August 12, 2025
The fund disclosed that Mark R. Fetting, who served as Chairperson of the Board of Trustees, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025. The filing is administrative in nature and does not describe any change to the fund's investments or operations.
Mark R. Fetting, Chairperson of the Board of Trustees, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Effective August 12, 2025, the Board reduced its size from ten members to nine.
The fund disclosed that Mark R. Fetting, who served as Chairperson of the Board of Trustees, unexpectedly died on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, passed away unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson of the Board
Effective August 12, 2025, the Board was reduced from ten to nine members
The fund disclosed that Mark R. Fetting, Chairperson of the Board of Trustees, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Chairperson of the Board of Trustees, died unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson
Board size reduced from ten to nine members, effective August 12, 2025
Mark R. Fetting, Chairperson of the Board of Trustees of Eaton Vance Short Duration Diversified Income Fund (EVG), unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and effective August 12, 2025, the Board reduced its size from ten to nine members.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Effective August 12, 2025, the Board was reduced from ten members to nine.
Mark R. Fetting, Chairperson of the Board of Trustees, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Chairperson of the Board, died unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson of the Board
Board size reduced from ten to nine members, effective August 12, 2025
Mark R. Fetting, Chairperson of the Board of Trustees of Eaton Vance Senior Floating-Rate Trust (EFR), unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Effective August 12, 2025, the Board was reduced from ten members to nine.
Mark R. Fetting, Chairperson of the Board of Trustees of Eaton Vance Risk-Managed Diversified Equity Income Fund, died unexpectedly on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025. The filing reports a leadership change at the board level and does not mention any change to the fund's operations or finances.
Mark R. Fetting, Chairperson of the Board, died unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson of the Board
Board size reduced from ten to nine members, effective August 12, 2025
The trust disclosed that Mark R. Fetting, Chairperson of its Board of Trustees, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson.
Effective August 12, 2025, the Board was reduced from ten to nine members.
Mark R. Fetting, Chairperson of the Board of Trustees of Eaton Vance Municipal Income Trust (EVN), unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Board size reduced from ten to nine members, effective August 12, 2025.
The trust disclosed that Mark R. Fetting, who served as Chairperson of the Board of Trustees, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and effective August 12, 2025, the board reduced its size from ten to nine members.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson
Board size reduced from ten to nine members effective August 12, 2025
The fund disclosed that Mark R. Fetting, Chairperson of the Board of Trustees, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the Board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Board size reduced from ten to nine members, effective August 12, 2025.
The fund disclosed that Mark R. Fetting, Chairperson of its Board of Trustees, unexpectedly died on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, passed away unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Effective August 12, 2025, the Board was reduced from ten members to nine.
Mark R. Fetting, Chairperson of the Board of Trustees of Eaton Vance Floating-Rate Income Trust (EFT), unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and effective August 12, 2025, the board reduced its size from ten to nine members.
Mark R. Fetting, Board Chairperson, died unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson
Board size reduced from ten to nine members, effective August 12, 2025
The fund disclosed that Mark R. Fetting, its Board of Trustees Chairperson, died unexpectedly on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Board Chairperson, passed away unexpectedly on August 9, 2025
Susan J. Sutherland is acting Chairperson of the Board
Board size reduced from ten to nine members, effective August 12, 2025
The fund disclosed that Mark R. Fetting, its Board Chairperson, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and the board reduced its size from ten to nine members effective August 12, 2025.
Mark R. Fetting, Chairperson of the Board of Trustees, died unexpectedly on August 9, 2025.
Susan J. Sutherland is serving as acting Chairperson of the Board.
Effective August 12, 2025, the board was reduced from ten members to nine.
Eaton Vance California Municipal Income Trust (CEV) disclosed that Mark R. Fetting, its Board of Trustees Chairperson, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is serving as acting Chairperson, and effective August 12, 2025, the Board reduced its size from ten to nine members.
Mark R. Fetting, Board Chairperson, passed away unexpectedly on August 9, 2025
Susan J. Sutherland is serving as acting Chairperson of the Board
Board size reduced from ten to nine members, effective August 12, 2025
UniFirst and certain subsidiaries entered into a Third Amended and Restated Credit Agreement on August 12, 2025, with Bank of America as administrative agent. The agreement provides a $300 million unsecured revolving credit facility maturing August 12, 2030, and replaces the prior agreement dated March 26, 2021. The filing describes the facility as a routine refinancing of existing bank credit, with no change in shareholder ownership stated.
Facility: $300 million unsecured revolving credit, with up to $150 million usable for letters of credit
Maturity: August 12, 2030
Possible increase of up to $100 million, for a total aggregate commitment of up to $400 million, subject to conditions
Current pricing: SOFR plus 1.00%, based on the consolidated funded debt ratio; default rate adds 2.00%
UL Solutions announced executive changes effective September 1, 2025. Weifang Zhou, president of Testing, Inspection and Certification (TIC), moves to a non-executive special advisor role until his planned retirement on June 30, 2027, and Alex Dadakis succeeds him as TIC president. Gitte Schjøtz takes over Dadakis's role as Chief Business Operations and Innovation Officer, and the filing states no changes to the compensation of the three executives.
Alex Dadakis, age 39, becomes EVP and President, Testing, Inspection and Certification on September 1, 2025; he has been EVP, Chief Business Operations and Innovation Officer since January 2025
Gitte Schjøtz, age 54, becomes EVP, Chief Business Operations and Innovation Officer and principal operating officer on September 1, 2025
Weifang Zhou becomes EVP, Special Advisor to the President and CEO, expected to serve until retirement on June 30, 2027
The filing states there are no modifications to the compensation arrangements of the three executives in connection with the changes
Hilton Grand Vacations entered an underwriting agreement on August 12, 2025, for the sale of 7,000,000 shares of common stock by entities managed by affiliates of Apollo Global Management, with underwriters exercising in full their option to buy 1,050,000 more shares. The company will not receive proceeds from the sale, but it plans to buy 933,488 shares from the underwriters, with closing expected on August 14, 2025.
Selling stockholders offered 7,000,000 shares of common stock, plus an option for 1,050,000 additional shares that underwriters exercised in full.
The company will not receive any proceeds from the shares sold by the selling stockholders.
The company intends to repurchase 933,488 shares from the underwriters under its board-approved share repurchase plans.
The offering and share repurchase are expected to close on August 14, 2025.
TTM Technologies said Edwin Roks, Ph.D., will become president and chief executive officer effective September 2, 2025, succeeding Thomas T. Edman, who is retiring after serving as CEO since 2014. Roks also fills a Class II board vacancy at the same time, and Edman will remain on the board and transition to an advisory role until January 1, 2026.
Roks, age 61, most recently served as CEO of Teledyne Technologies until April 2025.
Roks's offer includes a $1,000,000 base salary, a 125% target cash bonus, restricted stock units with about $1,275,000 grant value, and performance share units with about $2,975,000 grant value.
The board amended Edman's performance-based RSU awards so unvested units can still vest on retirement, covering 111,918, 106,329 and 149,312 units granted in 2023, 2024 and 2025.
Western Union agreed on August 10, 2025 to acquire International Money Express (IMXI) through a merger in which IMXI shares convert into the right to receive $16.00 per share in cash. The deal is subject to IMXI stockholder approval, antitrust clearance and money transmitter license approvals, and IMXI shares would be delisted from Nasdaq if the merger closes.
Merger consideration is $16.00 per IMXI share in cash, without interest.
Termination fee payable to IMXI is $27.3 million; fee payable to Western Union is $19.8 million, in specified circumstances.
Outside Date is May 11, 2026, with automatic extensions to August 10, 2026 and November 10, 2026 in certain cases.
VIAVI agreed on August 13, 2025 to issue $250 million of 0.625% Senior Convertible Notes due 2031, with about $100.9 million exchanged for $97.5 million of its 2026 notes and about $149.1 million sold for cash. The company expects to use the cash proceeds to repay a portion of the 2026 notes at maturity, and about $152.5 million of 2026 notes will remain outstanding. The company also expects to repurchase about $30 million of its common stock at $11.03 per share, and the placement agent intends to buy about $25 million of shares, which could affect the stock price.
New notes: $250 million principal, 0.625% interest, maturing March 1, 2031; initial conversion price of about $13.79 per share
Exchange: about $100.9 million of new notes for about $97.5 million of 2026 notes; cash subscriptions of about $149.1 million
Share repurchase: about $30 million of common stock at $11.03 per share, equal to the August 13, 2025 closing price
Transactions expected to close on or about August 20, 2025
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.