1,673 material Form 8-K filings that 1,260 companies we cover made with the SEC in February 2026, 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).
Capital One furnished monthly charge-off and delinquency metrics for the month ended January 31, 2026, in Exhibit 99.1 under Item 7.01 of a Form 8-K filed February 13, 2026. The exhibit shows net charge-offs, 30+ day delinquencies and nonperforming loans for domestic credit card and auto loans, which give shareholders a monthly view of loan credit performance.
Domestic credit card net charge-offs were $1.08 billion, an annualized rate of 5.04% of average loans held for investment.
Domestic credit card 30+ day performing delinquencies were $10.4 billion, a rate of 4.04% of period-end loans.
Auto net charge-offs were $136 million, a rate of 1.94%, and auto nonperforming loans were $531 million, a rate of 0.63%.
The filing does not compare these figures with prior periods or state a year-over-year trend.
Delta said William C. Carroll, its principal accounting officer, will retire effective March 31, 2026. Julia A. McConnell, who joined Delta in March 2025, will become principal accounting officer effective April 1, 2026, succeeding him. The filing is an administrative leadership change in a finance role and does not report any financial results or changes to guidance.
William C. Carroll retires as principal accounting officer effective March 31, 2026
Julia A. McConnell, age 57, named principal accounting officer effective April 1, 2026
McConnell joined Delta in March 2025; previously SVP and Chief Accounting Officer at WestRock Company from June 2020 to December 2024
On February 12, 2026, Orchestra BioMed's board approved a 2026 cash bonus plan for all executive officers tied to BACKBEAT and Virtue SAB pivotal study milestones and financial and operating objectives. The board also raised base salaries for CEO Mr. Hochman (4%) and COO Mr. Sherman (10%) and increased their target bonus percentages, which shareholders may watch as the plan ties pay to clinical and financial goals.
Up to 25% of annual bonuses may be paid in Q3 2026 based on mid-year metrics; up to 75% in Q1 2027 based on full-year performance.
Mr. Hochman's base salary rises 4%, and his target bonus increases from 80% to 100% of base salary.
Mr. Sherman's base salary rises 10%, and his target bonus increases from 80% to 90% of base salary.
RSU awards will now vest in four equal 25% installments at 18, 24, 30 and 36 months.
IDEXX Laboratories director M. Anne Szostak notified the company on February 13, 2026 that she will retire from the Board effective immediately after the 2026 Annual Meeting on May 12, 2026. The filing says her decision did not arise from any disagreement with the company or the Board, and the Board reduced the size of Class III upon her retirement without shrinking the overall Board, given the previously announced appointment of Michael G. Erickson, PhD, as a Class II member.
Director M. Anne Szostak, on the Board since 2012, will retire after the 2026 Annual Meeting on May 12, 2026
The filing states no disagreement with the company or Board on operations, policies or practices
Board reduced the size of Class III upon her retirement but kept overall Board size unchanged
Michael G. Erickson, PhD, previously announced, will join as a Class II member immediately after the 2026 Annual Meeting
UFP Technologies said its president, Mitchell C. Rock, will become Chief Executive Officer on June 4, 2026, when Mr. Bailly retires from that role and becomes Executive Chairman through his retirement in 2027. The filing sets Mr. Rock's base salary at $700,000, a target long-term incentive of up to $1,750,000 in restricted stock units, and a one-time $650,000 restricted stock unit grant, with severance terms that include a larger payout if a change of control occurs.
Mitchell C. Rock becomes CEO effective June 4, 2026; Mr. Bailly retires as CEO on that date and remains Executive Chairman through 2027.
Mr. Rock's base salary is $700,000 per year after the appointment date, with an annual bonus target of up to 100% of base salary.
Mr. Rock's severance without a change of control is 18 months of base salary; a change of control termination pays two times salary plus full target bonus.
Effective January 1, 2026, the board's committee raised base salaries for the named executive officers, including $505,000 for CFO Ronald J. Lataille.
Timken director James F. Palmer agreed with the company to retire effective March 31, 2026, so the Audit Committee chair role can transition to Sarah C. Lauber. The filing states the retirement was not tied to any financial or accounting issue or disagreement with the board or company.
James F. Palmer, Audit Committee chair and Compensation Committee member, retires effective March 31, 2026
Sarah C. Lauber is the planned new Audit Committee chair
Filing states the retirement was not due to any financial, accounting, or board disagreement
United Acquisition Corp. I, a blank check company, said the underwriters partially exercised their over-allotment option effective February 12, 2026, issuing 182,300 additional units at $10.00 each. Total units issued in the offering rose to 10,182,300, and $101,823,000 was placed in a trust account for public shareholders. Starting February 18, 2026, holders may separate units into Class A ordinary shares and warrants.
Underwriters partially exercised the over-allotment option, issuing 182,300 additional units at $10.00 per unit, effective February 12, 2026.
Total units issued in the offering: 10,182,300.
Trust account receives $101,823,000, including $1,527,345 of private placement net proceeds.
From February 18, 2026, units can be separated into Class A ordinary shares (UAC) and warrants (UACW); units continue to trade as UACU.
On February 10, 2026, the independent board, acting on the Compensation Committee's recommendation, approved 2026 base salaries for five officers, including CEO Robert J. Sprowls. The filing is a routine compensation disclosure and does not describe any change in officer roles, performance results, or company financials.
Robert J. Sprowls, President and CEO: 2026 base salary of $1,004,300
Eva G. Tang, SVP-Finance and CFO: $661,600
Paul J. Rowley, SVP-Regulated Water Utility: $518,200; Christopher H. Connor, SVP-American States Utility Services: $451,500
Gladys M. Farrow, Assistant Secretary, VP-Finance, Treasurer and Assistant Secretary of Golden State Water: $412,000
On February 12, 2026, Kontoor Brands' Talent and Compensation Committee adopted an Executive Severance Plan covering eligible employees, including named executive officers, for terminations without Cause or for Good Reason outside a change in control. The plan provides base salary continuation, subsidized COBRA coverage and a pro rated annual bonus, with the length of benefits set by tier. Separately, the board declared a $0.53 per share quarterly dividend, which the filing does not describe as a change from prior payments.
Severance Plan adopted February 12, 2026; full text filed as Exhibit 10.1.
Tier 1 (CEO): 24 months base salary continuation and 18 months COBRA coverage; Tier 2 (EVPs): 18 and 12 months; Tier 3 (SVPs/other): 12 and 9 months.
Quarterly dividend of $0.53 per share payable March 20, 2026, to shareholders of record on March 10, 2026.
SWK Holdings Corporation and its subsidiary SWK Funding LLC signed a Seventh Amendment to their credit agreement with First Horizon Bank and other lenders, effective February 12, 2026. The amendment changes the financial covenants and reduces the aggregate commitments under the facility from $10.0 million to $7.5 million. The filing does not state the reason for the change, and the full terms are in Exhibit 10.1.
Amendment dated February 12, 2026, to the credit agreement originally dated June 28, 2023
Aggregate lender commitments reduced from $10.0 million to $7.5 million
Financial covenants amended; specific covenant terms are in Exhibit 10.1
Cencora closed an underwritten public offering of $3.0 billion in senior notes on February 13, 2026, with maturities from 2029 to 2056. The company intends to use the net proceeds to repay amounts outstanding under a 364-day term credit agreement dated January 12, 2026, which helped fund its acquisition of OneOncology, and any remaining proceeds for general corporate purposes. The notes add to the company's debt, and the filing states they are unsecured and rank equal with its other unsecured debt.
Five tranches total $3.0 billion: $500 million due 2029 at 3.950%, $500 million due 2030 at 4.250%, $500 million due 2033 at 4.600%, $1.0 billion due 2036 at 4.900%, and $500 million due 2056 at 5.650%.
Net proceeds are intended to repay the 364-day term credit agreement dated January 12, 2026, used partly to fund the OneOncology acquisition.
The notes are unsecured and structurally subordinated to liabilities of the company's subsidiaries, including trade payables.
Interest is payable semiannually, starting May 15, 2026 for the 2030 notes and August 13, 2026 for the other tranches.
Idea Acquisition Corp., a blank check company, closed its initial public offering of 35,000,000 units at $10.00 per unit on February 12, 2026, with gross proceeds of $350,000,000, and sold 6,000,000 private placement warrants for $9,000,000 at the same time. The filing states that the trust account holds the $350,000,000 until a business combination is completed or the funds are redeemed, and that the company must complete a business combination within 24 months of the IPO closing or return public shares.
IPO of 35,000,000 units at $10.00 per unit closed February 12, 2026, with gross proceeds of $350,000,000; units trade on Nasdaq as IACOU.
Private placement of 6,000,000 warrants at $1.50 per warrant generated $9,000,000; the sponsor bought 3,666,667 warrants.
$350,000,000 was placed in a trust account maintained by Continental Stock Transfer & Trust Company, with the funds generally held until a business combination or redemption within 24 months.
Eugene "Rod" Roddenberry Jr., Jules Urbach and Vinny Lingham were appointed independent directors on February 10, 2026.
Pebblebrook Hotel Trust amended its credit agreement on February 11, 2026, extending the maturity of its $360 million Term Loan A-3 from October 2027 to February 11, 2031, and adding a $90 million delayed-draw option. The company also extended $48 million of its $650 million revolver to October 13, 2028, and said the new capacity provides a funded path to repay its $350 million convertible notes due December 2026, which would leave no significant debt maturities until 2028.
Term Loan A-3 of $360 million now matures February 11, 2031, up from October 13, 2027.
A $90 million delayed-draw option can be drawn before December 15, 2026.
$48 million of the revolver is extended to October 13, 2028; the full $650 million revolver is undrawn and can be extended to October 13, 2029.
The company used $40 million of cash to retire the Margaritaville Hollywood Beach Resort mortgage early, and says it plans to address the $350 million convertible notes due December 2026.
Lithia Motors said George Hines, its Senior Vice President and Chief Innovation and Technology Officer, will transition out of that executive role effective March 1, 2026, as the company aligns technology teams more closely with the businesses they support. Core technology functions will now report to CFO Tina Miller and Chief Customer Officer Dianna du Preez. Mr. Hines will stay on in a non-executive role and continue on the Pinewood.AI board.
George Hines leaves his role as SVP, Chief Innovation and Technology Officer effective March 1, 2026
Core technology functions move to report to Tina Miller, CFO, and Dianna du Preez, Chief Customer Officer
Mr. Hines remains with the company in a non-executive role and continues on the Pinewood.AI public board
International Tower Hill Mines approved a raise in base salary for CEO Karl Hanneman to $342,538 per year, effective December 1, 2025, reflecting his move from 50% to full-time duties. The company and Mr. Hanneman also signed an amended and restated employment agreement, with other terms unchanged. The change alters executive pay, but the filing gives no information on company financial results.
Base salary set at US$342,538 per year, effective December 1, 2025
Board approved the increase on February 9, 2026, on the Compensation Committee's recommendation
Increase reflects CEO time commitment rising from 50% to full time; salary had been reduced in 2018
Amended and Restated Employment Agreement dated February 10, 2026 filed as Exhibit 10.1
Goldman Sachs disclosed that Kathryn H. Ruemmler has decided to retire from her roles as Chief Legal Officer and General Counsel, effective June 30, 2026. The filing does not name a successor or give reasons for the departure, so shareholders have no details yet on how the legal function will be led.
Kathryn H. Ruemmler will retire as Chief Legal Officer and General Counsel
Retirement is effective June 30, 2026
The filing does not name a successor or state a reason for the retirement
Sysco issued $600 million of 4.400% senior notes due 2031 and $650 million of 4.950% senior notes due 2036 on February 13, 2026. Net proceeds were approximately $1.24 billion, which the company intends to use for general corporate purposes, including repaying commercial paper borrowings. The filing adds to Sysco's debt obligations, but it does not report earnings or guidance changes.
2031 Notes: $600 million at 4.400%, maturing July 25, 2031
2036 Notes: $650 million at 4.950%, maturing March 25, 2036
Net proceeds of approximately $1.24 billion after underwriting discounts and offering expenses
Change of control repurchase offer at 101% of principal if a change of control and a below investment grade ratings event both occur
Northrop Grumman's board elected Admiral Christopher W. Grady, a retired Vice Chairman of the Joint Chiefs of Staff, to the board effective February 12, 2026, expanding the board from 12 to 13 members. The filing also sets the 2026 executive incentive metrics and names James S. Turley as Lead Independent Director effective May 20, 2026, which is a governance change rather than a financial result.
Admiral Christopher W. Grady elected to the board effective February 12, 2026; board size increased from 12 to 13 members
Grady receives a $145,000 annual cash retainer, a $15,000 retainer for Audit and Risk Committee service, and a $182,500 annual deferred stock unit grant
James S. Turley to become Lead Independent Director effective May 20, 2026, succeeding Madeleine A. Kleiner, who retires at the 2026 Annual Meeting
2026 incentive plan weights cash flow from operations 20%, segment operating income 25%, sales 25% and strategic metrics 30%
QuidelOrtho said Chief Financial Officer Joseph M. Busky notified the company on February 9, 2026, that he plans to retire effective June 30, 2026. The company said the decision is for personal reasons and not the result of any disagreement on financial statements, operations, policies or practices.
Joseph M. Busky, CFO and principal financial officer, gave notice on February 9, 2026
Retirement is effective June 30, 2026
The filing states the departure is for personal reasons, not a disagreement with the company or its auditors
Knight-Swift Transportation Holdings (KNX) disclosed that director Amy Boerger told the company on February 11, 2026 that she will not stand for reelection at its 2026 Annual Meeting of Stockholders. The filing does not state a reason for her decision or name a replacement.
Amy Boerger notified the company on February 11, 2026 that she will not seek reelection as a director.
The change takes effect at the 2026 Annual Meeting of Stockholders.
The company thanked Ms. Boerger for her years of service; the filing names no successor.
Alphabet closed concurrent underwritten public offerings of $20 billion in U.S. dollar senior notes and £5.5 billion in Sterling senior notes on February 13, 2026. The notes mature between 2029 and 2126, and the filing does not state how Alphabet plans to use the proceeds, so shareholders can see the new borrowing but not its purpose from this filing.
U.S. dollar notes total $20 billion across seven tranches due 2029 to 2066, with coupons from 3.700% to 5.750%.
Sterling notes total £5.5 billion across five tranches due 2029 to 2126, with coupons from 4.125% to 6.125%.
The notes were issued under a 2016 indenture with The Bank of New York Mellon Trust Company, N.A., as trustee, under Form S-3 registration statement File No. 333-286752.
Cambridge Acquisition Corp., a blank check company, closed its initial public offering on February 9, 2026, selling 23,000,000 units at $10.00 each for gross proceeds of $230,000,000, including 3,000,000 units from the underwriters' full over-allotment exercise. The $230,000,000 was placed in a U.S.-based trust account, and the company has not yet selected a business combination target, so shareholder funds remain in the trust until a deal is completed or the company is wound up.
IPO closed February 9, 2026: 23,000,000 units at $10.00 per unit, including 3,000,000 units from the full over-allotment exercise
Gross proceeds of $230,000,000 placed in a trust account maintained by Continental Stock Transfer & Trust Company
Private placement of 495,500 units to sponsor Cambridge Sponsor LLC for $4,955,000
Company has not selected a business combination target and has 24 months from the IPO closing to complete one
Apple Hospitality REIT disclosed that director Kristian Gathright resigned from its Board of Directors, effective February 9, 2026, after seven years of service. The filing states her resignation was not due to any disagreement with the company on its operations, policies or practices.
Kristian Gathright notified the company of her resignation on February 9, 2026.
Resignation is effective February 9, 2026, after seven years on the Board.
Filing states there was no disagreement with the company on operations, policies or practices.
Filing was signed by CEO Justin G. Knight on February 13, 2026.
TransDigm Inc., a subsidiary of TransDigm Group, completed $2.0 billion of new debt on February 13, 2026: $1.2 billion of 6.125% senior subordinated notes due 2034 and $800 million of new tranche N term loans due 2033. Proceeds, together with cash on hand, are intended to fund the purchase prices of the previously announced acquisitions of Stellant Systems and Jet Parts Engineering and Victor Sierra Aviation Holdings. The added borrowing increases TransDigm's debt load, which shareholders may weigh against the acquisitions' expected benefits.
$1.2 billion of 6.125% senior subordinated notes issued at 100% of principal, maturing July 31, 2034
$800 million of new tranche N term loans maturing February 13, 2033, bearing Term SOFR plus 2.50%
Proceeds plus cash on hand to fund Stellant Systems and Jet Parts Engineering/Victor Sierra Aviation acquisitions and related fees
Emerson Electric entered a $2 billion 364-day unsecured credit agreement dated February 10, 2026, which expires February 9, 2027. The company has no outstanding loans or letters of credit under the facility and says it has no current intention to borrow, so it adds no debt on its own. The facility serves as a liquidity back-up for the company's commercial paper borrowings and replaces a $3 billion facility that expired by its terms.
Facility size: $2 billion, 364-day term, expiring February 9, 2027
No borrowings or letters of credit outstanding; company has no current intention to borrow
Supports general corporate purposes, including back-up for commercial paper
Replaces the $3 billion 364-day credit agreement entered February 11, 2025
Pool Corporation director Carlos A. Sabater told the board on February 12, 2026 that he will not stand for re-election when his term ends at the 2026 annual meeting of shareholders. He also leaves his seats on the audit, nominating and corporate governance, and strategic planning committees at that time. The company says the decision was not due to any disagreement over its operations, policies or practices.
Carlos A. Sabater informed the board on February 12, 2026
He will not stand for re-election at the end of his current term, tied to the 2026 annual meeting
He is leaving the audit, nominating and corporate governance, and strategic planning committees
The company states there was no disagreement with management on operations, policies or practices
Fox Factory Holding Corp. expanded its board to eight directors and appointed Alan L. Bazaar as a Class II director effective February 13, 2026. The company also formed a Transformation Committee to oversee management's efforts on profitability, cost-cutting and margin improvement, following a Cooperation Agreement with Engine Capital L.P. and its affiliates dated February 8, 2026.
Alan L. Bazaar appointed as Class II director effective February 13, 2026, with a term expiring at the 2027 annual meeting
Board increased by one seat to a total of eight directors
Bazaar joins the Compensation, Nominating and Corporate Governance, and newly formed Transformation Committees
Filing states Bazaar receives the same non-employee director benefits, pro-rated from his appointment date
Tennant entered a cooperation agreement with Vision One Fund, LP and affiliates on February 12, 2026, adding Patrick E. Allen and James T. Glerum, Jr. to its board and committing to declassify the board. The deal sets standstill and voting terms that run until the expiration date tied to the 2027 annual meeting, and it does not report any financial results.
Patrick E. Allen appointed as a Class II director, with a term expiring at the 2027 annual meeting; Vision One recommended him as a candidate.
James T. Glerum, Jr. appointed as a Class III director, with a term expiring at the 2028 annual meeting; he retired as Vice Chairman, Investment Banking at Citigroup in July 2024.
Board will not increase beyond eleven directors until the 2027 annual meeting announcement; by the earlier of the 2027 annual meeting or sixteen months after the agreement, the company will seek approval to declassify the board.
Both new directors join the Executive Committee effective February 12, 2026, and the Audit Committee effective March 1, 2026; the 2026 annual meeting is expected April 29, 2026.
Kathleen M. Widmer notified Texas Roadhouse's Board on February 11, 2026, that she is retiring from the Board effective immediately to focus on a new business venture. The filing says her decision was not due to any disagreement with the Company on its operations, policies or practices.
Kathleen M. Widmer retires from the Board effective immediately, per notice dated February 11, 2026
Filing states the departure was not due to any disagreement with the Company
Widmer served nearly 13 years on the Board; the Company thanked her for her service
e.l.f. Beauty's board appointed Matthew Farrell as a Class I director effective February 12, 2026. He will stand for election at the 2026 annual meeting, and the filing says he will receive the same director compensation as the company's other non-employee directors.
Matthew Farrell appointed to the Board as a Class I director, effective February 12, 2026
Farrell was CEO of Church & Dwight from January 2016 until April 2025 and Chairman until September 2025
Company expects Farrell to enter its standard indemnification agreement; filing reports no related party transactions
On February 13, 2026, CoStar Group amended its Executive Severance Plan to remove a clause tied to board composition from the definition of "Change in Control." The company said the change was made at management's request to avoid the cost and distraction of a Delaware lawsuit tied to threatened proxy contests by Third Point LLC and D. E. Shaw & Co., L.P. The filing does not report any financial results or figures.
Amended Executive Severance Plan dated February 13, 2026, removes the board-composition "director clause" from the Change in Control definition
Company says the clause was designed to protect management continuity and was comparable to peer company programs
Board removed the clause to avoid cost and distraction from a threatened Delaware lawsuit linked to proxy contests by Third Point LLC and D. E. Shaw & Co., L.P.
All other plan terms remain unchanged; full plan filed as Exhibit 10.1
Helix Energy Solutions Group, OneSubsea and Schlumberger entities signed Amendment No. 2 on February 12, 2026, extending their Strategic Alliance Agreement by nine months, from January 5, 2026 to October 5, 2026. The alliance covers the joint design, manufacture, marketing and sale of integrated subsea well intervention equipment and services. The filing does not disclose financial terms, so its effect on Helix's results is not stated.
Amendment No. 2 was signed February 12, 2026, and extends the alliance term to October 5, 2026.
The original Strategic Alliance Agreement was entered into January 5, 2015, with a ten-year term.
The alliance was previously extended to January 5, 2026.
The full amendment is filed as Exhibit 10.1 to the 8-K.
Newell Brands' Compensation and Human Capital Committee approved the 2026 Long-Term Incentive Plan on February 9, 2026, setting how executive equity awards are granted and vested, and established 2026 bonus performance criteria. The filing is a routine compensation disclosure that sets performance targets tied to free cash flow productivity, adjusted earnings per share, and other measures, which shareholders can track against future results.
LTIP awards for 2026 are 50% performance-based restricted stock units and 50% time-based restricted stock units by value.
PRSUs may vest at 0% to 150% based on equally weighted Free Cash Flow Productivity and Annual Adjusted Earnings Per Share goals for the performance period beginning January 1, 2026.
2026 bonuses for named executives Christopher Peterson, Mark Erceg, Tracy Platt and Bradford Turner are tied to adjusted operating cash flow, adjusted earnings per share, core sales and productivity savings.
Kristine K. Malkoski's bonus is 30% tied to corporate metrics and 70% to business segment goals.
Spring Valley Acquisition Corp. IV, a blank check company, closed its initial public offering on February 11, 2026, selling 23,000,000 units at $10.00 per unit, including the full over-allotment option, for gross proceeds of $230 million. The company placed $230 million in a trust account for public shareholders, and those funds can generally be released only upon completion of an initial business combination, redemption of public shares, or a shareholder vote.
23,000,000 units sold at $10.00 each, including 3,000,000 units from the full exercise of the underwriters' over-allotment option
Private placement of 4,490,555 warrants to the Sponsor and 2,555,556 warrants to the Representatives at $0.90 each, for gross proceeds of $6,341,500
$230 million held in trust; the company must complete an initial business combination by September 5, 2027, or such earlier date as its board approves
David Buzby, Debora Frodl and Richard Thompson joined the board of directors effective February 9, 2026
Graco Inc. director Brett C. Carter resigned from the company's Board effective February 13, 2026, to pursue other commitments, according to the filing. The filing says the resignation was not due to any disagreement with the Board or management on operations, policies or practices.
Brett C. Carter notified the Board on February 12, 2026, of his decision to resign, effective February 13, 2026.
Carter served on the Audit Committee and the Management Organization and Compensation Committee.
His board term would have expired at the 2027 annual meeting of shareholders.
The filing states no disagreement with the Board or management led to the resignation.
Las Vegas Sands said Robert G. Goldstein will move from chairman and chief executive to senior advisor effective March 1, 2026. Patrick Dumont, the company's president and chief operating officer, will take over as chairman, CEO, president and treasurer on that date, and the filing states that no compensation decisions tied to the promotion have been made. Dumont is the son-in-law of Dr. Miriam Adelson, whose family controls more than 50 percent of the voting power of the company's common stock.
Robert G. Goldstein becomes senior advisor effective March 1, 2026; the press release says through March 2028.
Board appointed Patrick Dumont as chairman, CEO, president and treasurer on February 12, 2026, effective March 1, 2026.
Dumont was also appointed chairman of Sands China Ltd., effective March 1, 2026.
Dumont has been president and chief operating officer since January 2021 and joined the company in 2010.
Royal Caribbean entered an underwriting agreement on February 12, 2026 to sell $2.5 billion of senior notes in two tranches, due 2033 and 2038. The company plans to use the net proceeds mainly to refinance senior notes maturing in 2026, with any remainder used to repay other debt, which may include term loans. The offering is expected to close on February 27, 2026, subject to customary closing conditions.
$1.25 billion of 4.750% Senior Notes due 2033 and $1.25 billion of 5.250% Senior Notes due 2038
Expected closing date: February 27, 2026, subject to customary conditions
Proceeds to refinance senior notes maturing in 2026 and repay other indebtedness, which may include term loans
LCI Industries said director James Gero, who has served on its board for 33 years, will retire when his term ends at the 2026 Annual Meeting of Stockholders. The company said his decision was not due to any disagreement with management on operations, policies or practices.
Gero notified the company on February 11, 2026, that he will not stand for re-election.
Gero served as board chairman from May 2014 to May 2021 and has 33 years of service.
The board will evaluate its size and composition in light of his retirement in May, according to the press release.
Sonic Automotive's Compensation Committee set 2026 performance criteria for cash bonuses for Chairman and CEO David Bruton Smith, President Jeff Dyke, and CFO Heath R. Byrd. Bonus amounts will be determined after the performance period ends and paid by March 15, 2027, so the filing does not show a financial result or a payout amount.
Bonus parameters were set February 11, 2026 for the January 1, 2026 through December 31, 2026 performance period.
Bonuses are tied to adjusted earnings per share goals and customer satisfaction goals based on the share of dealerships meeting manufacturer objectives.
Actual bonus amounts will be determined by the Compensation Committee and paid no later than March 15, 2027.
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.