427 material Form 8-K filings that 376 companies we cover made with the SEC in September 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).
FTI Consulting's board appointed Paul Linton, its Chief Strategy and Transformation Officer, as interim Chief Financial Officer, effective September 12, 2025, when CFO Ajay Sabherwal's resignation takes effect. Linton keeps his current role and the filing says his compensation has not changed, so the move is a leadership transition in the finance function rather than a change in company results or strategy.
Paul Linton, 54, appointed interim Chief Financial Officer, effective September 12, 2025
Appointment follows the resignation of Ajay Sabherwal as Chief Financial Officer, previously disclosed in an 8-K filed August 12, 2025
Linton remains Chief Strategy and Transformation Officer, a role he has held since joining in August 2014
Board made no changes to Linton's compensation, as described in the April 21, 2025 proxy statement
Franklin Resources said Daniel Gamba will become Chief Commercial Officer effective October 15, 2025, overseeing global sales, marketing and product strategy, and that Terrence Murphy, Matthew Nicholls and Gamba will be named Co-Presidents on the same date. Adam Spector will resign as Executive Vice President and Head of Global Distribution, and CEO Jennifer M. Johnson will give up the title of President while remaining CEO. The filing lays out Gamba's pay package, including a $9.1 million restricted stock grant tied to forfeited deferred compensation.
Gamba's start date is October 15, 2025; he previously worked at Northern Trust and BlackRock
Gamba's fiscal 2026 pay includes a $700,000 base salary and a minimum annual bonus of $5.5 million
One-time awards include a $3.362 million bonus and a $9.1 million restricted stock grant tied to forfeited compensation
Spector's resignation is effective October 15, 2025; he will remain CEO of Fiduciary Trust International
Granite Construction's board appointed J. Timothy Romer as a director on September 8, 2025, on the Nominating and Corporate Governance Committee's recommendation. He will serve on the Audit/Compliance and Risk committees, and the board determined he is independent under NYSE listing standards. The filing describes a routine board addition with no financial figures.
Romer's term expires at the 2028 Annual Meeting of Stockholders
He will serve on the Audit/Compliance Committee and Risk Committee
He will receive standard non-employee director compensation and enter the company's standard Indemnification Agreement (Exhibit 10.1)
Eagle Bancorp appointed Kris Pederson and Ted Wilm as independent directors of the company and EagleBank, effective September 8, 2025, increasing the board from nine to ten directors. Both will serve as at-large directors until committee assignments are set later this fall, and the filing says nine of the ten directors will be independent.
Kris Pederson and Ted Wilm were appointed to the boards of Eagle Bancorp and EagleBank effective September 8, 2025.
The board now has 10 directors, 9 of whom are independent under Nasdaq rules.
Both will serve as at-large directors until committee assignments are determined later this fall and will receive standard non-employee director compensation.
Wilm spent a 38-year career at PwC; Pederson has held roles at EY, IBM and PwC.
Andrea Greenberg, President and Chief Executive Officer of MSG Networks, a Sphere Entertainment subsidiary, left the role on September 2, 2025, after her employment agreement expired on September 1, 2025. The company agreed to departure benefits, subject to her signing and not revoking a release, including accelerated vesting of certain equity awards and a payment equal to her 2025 target bonus.
Departure date: September 2, 2025, after employment agreement expired September 1, 2025
Equity awards scheduled to vest September 15, 2025 will vest in full
Payment equal to 2025 target bonus in place of Management Performance Incentive Plan amount
Company and MSG Networks waived Greenberg's non-compete covenant
Schrodinger entered a separation agreement dated September 5, 2025 with Geoffrey Porges, its former Executive Vice President and Chief Financial Officer, after his previously disclosed departure. The agreement sets out severance payments and benefits that are described as substantially comparable to those in his prior employment agreement and the company's severance plan, with a mutual release of claims. The filing does not name a replacement CFO.
Separation agreement with Dr. Porges dated September 5, 2025, with payments conditioned on a seven-day revocation period
Salary continuation for nine months, and company-paid COBRA premium coverage for 12 months
On September 4, 2025, InterDigital's Human Capital Committee approved changes to its Executive Severance and Change in Control Policy. Executives must now sign a mutual agreement for individual arbitration to receive Policy benefits, and that agreement generally requires employment-related claims to go to binding arbitration, subject to specified exceptions. The filing discloses no financial figures, so the direct financial effect on shareholders is not stated.
Committee approval date: September 4, 2025
Executives must sign a mutual individual arbitration agreement to receive Policy benefits
Agreement generally requires binding arbitration of employment-related claims, subject to specified exceptions
Full text of amended Policy and Agreement to be filed with the Form 10-Q for the quarter ending September 30, 2025
CleanSpark announced a leadership realignment effective September 4, 2025, adding Gary Vecchiarelli as President while he keeps the CFO role, and giving Taylor Monnig the COO title alongside his CTO role. The company also entered employment agreements with CEO S. Matthew Schultz and four other executives, including 627,753 RSUs for Schultz and bitcoin payments of 1.2 bitcoin per month. The changes concentrate more duties in fewer executives and add bitcoin-based pay, which shareholders may track in future filings.
Gary Vecchiarelli appointed President and retains CFO title; Taylor Monnig appointed COO and retains CTO title, effective September 4, 2025
Schultz base salary $950,000 with bonus target up to 200% ($1,900,000) and 627,753 RSUs; he receives 1.2 bitcoin per month
Performance and retention RSU grants to Schultz total 1,729,000 each; 25% of Performance RSUs vest September 9, 2025
Filing cites $650 million of 0% coupon convertible notes and the GRIID acquisition closed in October 2024 as fiscal 2025 achievements
CF Industries said CEO W. Anthony Will will retire effective January 4, 2026, and its board elected executive vice president and chief operating officer Christopher D. Bohn to succeed him on that date. The filing reports no compensation decisions yet for either executive, and existing arrangements remain in effect.
Will informed the company on September 5, 2025 of his retirement as president and CEO, effective January 4, 2026, and will serve as an advisor until March 15, 2026.
The board elected Bohn, age 57, on September 6, 2025 to succeed Will; he has been a board member since February 2024.
Bohn was previously CF Industries' chief financial officer and joined the company in 2009 as director of corporate planning and analysis.
Will will remain on the board until the 2026 annual meeting, when he will retire and not stand for re-election.
Sirius XM increased its board from nine to ten directors and appointed Dave Stephenson, Airbnb's Chief Business Officer, as an independent director effective September 18, 2025. He will also serve on the Compensation Committee. The filing discloses a board addition only and includes no financial results.
Stephenson was appointed by the board on September 5, 2025, effective September 18, 2025, as a Class III director.
He is currently Chief Business Officer and Head of Employee Experience at Airbnb, and was Airbnb's CFO from January 2019 to February 2024.
He previously spent 17 years at Amazon, most recently as VP and CFO of its Worldwide Consumer Organization, and serves on the board of Lyft, Inc.
He will be paid director compensation consistent with other non-employee directors.
Lazard, Inc. said Christopher Hogbin, formerly Global Head of Investments at AllianceBernstein, will become CEO of Lazard Asset Management, succeeding Evan Russo, who moves to a Senior Advisor role to the Chief Executive Officer until June 30, 2026. The filing describes a leadership change in one business line, with no financial results or guidance included.
Evan Russo's CEO role ends on or around December 1, 2025, and no later than December 31, 2025; his service ends June 30, 2026.
Christopher Hogbin's start date is to be mutually agreed, but no later than January 30, 2026; the press release says effective December 2025.
Russo's transition agreement is dated September 7, 2025; Hogbin's offer letter is dated September 3, 2025.
Russo will keep his base salary and equity award vesting during the advisory period, and his severance is calculated as if he left December 31, 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.