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On 7 Aug 2025, Xponential Fitness, Inc. (NYSE: XPOF) filed an 8-K announcing a leadership transition.
- Appointment: Mike Nuzzo, 54, becomes Chief Executive Officer and Class III director effective immediately; he will not join Board committees.
- Background: Former CEO of Eyemart Express (2022-2025) and ex-COO/CFO at Petco, with prior senior finance roles at GNC and Abercrombie & Fitch.
- Compensation: $800,000 base salary; annual cash bonus up to 100% of salary; RSUs worth $3.5 m granted 21 Aug 2025鈥�50 % time-vest over 12-36 months, 50 % price-vest at $16, $25, $30 (20-day average) within 36 months.
- Severance: If terminated without cause or for good reason, Nuzzo receives 12 months鈥� salary, prorated bonus, COBRA reimbursement, and prorated equity vesting; benefits expand if termination follows a Change in Control within 12 months.
- Restrictive covenants: 12-month post-termination non-solicit, perpetual confidentiality and non-disparagement, plus invention assignment.
- Outgoing CEO: Mark King resigned as CEO and director effective 7 Aug 2025.
- Exhibits: 10.1鈥擡mployment Agreement; 99.1鈥擯ress Release; 104鈥擨nline XBRL cover data.
Il 7 agosto 2025, Xponential Fitness, Inc. (NYSE: XPOF) ha presentato un modulo 8-K annunciando un cambio nella leadership.
- Nomina: Mike Nuzzo, 54 anni, 猫 nominato Amministratore Delegato e direttore di Classe III con effetto immediato; non far脿 parte dei comitati del Consiglio.
- Esperienza: Ex CEO di Eyemart Express (2022-2025) ed ex COO/CFO di Petco, con precedenti ruoli senior in ambito finanziario presso GNC e Abercrombie & Fitch.
- Compenso: Stipendio base di 800.000 $; bonus annuale in denaro fino al 100% dello stipendio; RSU del valore di 3,5 milioni di dollari assegnate il 21 agosto 2025 鈥� 50% maturano nel tempo tra 12 e 36 mesi, 50% maturano in base al prezzo a 16, 25 e 30 $ (media a 20 giorni) entro 36 mesi.
- 滨苍诲别苍苍颈迟脿: In caso di licenziamento senza giusta causa o per giusta ragione, Nuzzo ricever脿 12 mesi di stipendio, bonus proporzionato, rimborso COBRA e maturazione proporzionale delle azioni; i benefici aumentano se il licenziamento avviene entro 12 mesi da un Cambio di Controllo.
- Vincoli: Non sollecitazione per 12 mesi dopo la cessazione, obbligo perpetuo di riservatezza e non denigrazione, oltre all鈥檃ssegnazione delle invenzioni.
- CEO uscente: Mark King si 猫 dimesso da CEO e direttore con effetto dal 7 agosto 2025.
- Allegati: 10.1鈥擟ontratto di lavoro; 99.1鈥擟omunicato stampa; 104鈥擠ati XBRL inline.
El 7 de agosto de 2025, Xponential Fitness, Inc. (NYSE: XPOF) present贸 un formulario 8-K anunciando una transici贸n en el liderazgo.
- Nombramiento: Mike Nuzzo, 54 a帽os, asume como Director Ejecutivo y director de Clase III con efecto inmediato; no formar谩 parte de los comit茅s de la Junta.
- Antecedentes: Ex CEO de Eyemart Express (2022-2025) y ex COO/CFO en Petco, con cargos financieros senior previos en GNC y Abercrombie & Fitch.
- 颁辞尘辫别苍蝉补肠颈贸苍: Salario base de 800,000 $; bono anual en efectivo hasta el 100% del salario; RSUs por valor de 3.5 millones otorgadas el 21 de agosto de 2025 鈥� 50% con vesting temporal entre 12 y 36 meses, 50% con vesting por precio a 16, 25 y 30 $ (promedio de 20 d铆as) dentro de 36 meses.
- 滨苍诲别尘苍颈锄补肠颈贸苍: Si es despedido sin causa o por buena raz贸n, Nuzzo recibir谩 12 meses de salario, bono prorrateado, reembolso COBRA y vesting prorrateado de acciones; los beneficios aumentan si el despido ocurre dentro de los 12 meses posteriores a un Cambio de Control.
- Restricciones: No solicitaci贸n por 12 meses tras la terminaci贸n, confidencialidad y no difamaci贸n perpetuas, adem谩s de cesi贸n de invenciones.
- CEO saliente: Mark King renunci贸 como CEO y director con efecto al 7 de agosto de 2025.
- Anexos: 10.1鈥擟ontrato de empleo; 99.1鈥擟omunicado de prensa; 104鈥擠atos XBRL en l铆nea.
2025雲� 8鞗� 7鞚�, Xponential Fitness, Inc. (NYSE: XPOF)電� 毽崝鞁� 甑愳泊毳� 氚滍憸頃橂姅 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟.
- 鞛勲獏: 毵堨澊韥� 雸勳“(54靹�)臧� 歃夓嫓 須牓 氚滌儩頃橂姅 斓滉碃瓴届榿鞛�(CEO) 氚� 韥措灅鞀� III 鞚挫偓搿� 靹犾瀯霅橃棃鞙茧┌, 鞚挫偓須� 鞙勳洂須岇棎電� 彀胳棳頃橃 鞎婌姷雼堧嫟.
- 瓴诫牓: Eyemart Express CEO(2022-2025), Petco COO/CFO 於滌嫚鞚措┌, GNC鞕� Abercrombie & Fitch鞐愳劀 瓿犾渼 鞛 歆侅眳鞚� 鞐瀯頄堨姷雼堧嫟.
- 氤挫垬: 旮半掣旮� 80毵� 雼煬, 鞐瓣皠 順勱笀 氤措剤鞀� 斓滊寑 旮夓棳鞚� 100%, 2025雲� 8鞗� 21鞚� 攵�鞐悳 350毵� 雼煬 靸侂嫻鞚� RSU 鈥� 50%電� 12~36臧滌洈鞐� 瓯胳硱 鞁滉皠 旮办 氩犾姢韺�, 50%電� 36臧滌洈 雮� $16, $25, $30(20鞚� 韽夑窢 臧�瓴�) 旮办 臧�瓴� 氩犾姢韺�.
- 韲挫旮�: 鞝曤嫻頃� 靷湢 鞐嗠姅 頃搓碃 霕愲姅 鞝曤嫻頃� 鞚挫湢搿� 鞚疙暅 頃搓碃 鞁�, 雸勳“電� 12臧滌洈 旮夓棳, 牍勲 氤措剤鞀�, COBRA 牍勳毄 頇橁笁 氚� 牍勲 欤检嫕 氩犾姢韺呾潉 氚涭溂氅�, 12臧滌洈 雮� 歆�氚瓣惮臁� 氤�瓴� 頉� 頃搓碃 鞁� 順滍儩鞚� 頇曤寑霅╇媹雼�.
- 鞝滍暅 臁绊暛: 韲挫 頉� 12臧滌洈臧� 鞓侅梾 氚╉暣 旮堨, 鞓侁惮鞝侅澑 牍勲皜 鞙犾 氚� 牍勲癌 旮堨, 氚滊獏甓� 鞏戨弰 韽暔.
- 韲挫瀯 CEO: 毵堩伂 韨轨潃 2025雲� 8鞗� 7鞚茧秬搿� CEO 氚� 鞚挫偓歆侅棎靹� 靷瀯頄堨姷雼堧嫟.
- 觳秬 氍胳劀: 10.1鈥旉碃鞖� 瓿勳暯靹�; 99.1鈥旊炒霃� 鞛愲; 104鈥旍澑霛检澑 XBRL 旎る矂 雿办澊韯�.
Le 7 ao没t 2025, Xponential Fitness, Inc. (NYSE : XPOF) a d茅pos茅 un formulaire 8-K annon莽ant une transition de direction.
- Nomination : Mike Nuzzo, 54 ans, devient Directeur G茅n茅ral et administrateur de classe III avec effet imm茅diat ; il ne rejoindra pas les comit茅s du conseil d'administration.
- Parcours : Ancien PDG d'Eyemart Express (2022-2025) et ex-COO/CFO chez Petco, avec des postes financiers seniors ant茅rieurs chez GNC et Abercrombie & Fitch.
- R茅mun茅ration : Salaire de base de 800 000 $ ; bonus annuel en esp猫ces pouvant atteindre 100 % du salaire ; RSU d'une valeur de 3,5 M$ attribu茅es le 21 ao没t 2025 鈥� 50 % vesting temporel sur 12-36 mois, 50 % vesting conditionn茅 au prix 脿 16, 25, 30 $ (moyenne sur 20 jours) dans les 36 mois.
- Indemnit茅s : En cas de licenciement sans cause ou pour bonne raison, Nuzzo per莽oit 12 mois de salaire, un bonus au prorata, le remboursement COBRA et un vesting au prorata des actions ; les avantages s'茅tendent si le licenciement suit un changement de contr么le dans les 12 mois.
- Clauses restrictives : Non-sollicitation pendant 12 mois apr猫s la fin du contrat, confidentialit茅 et non-d茅nigrement 脿 vie, ainsi qu鈥檜ne cession des inventions.
- PDG sortant : Mark King a d茅missionn茅 de ses fonctions de PDG et d鈥檃dministrateur avec effet au 7 ao没t 2025.
- Pi猫ces jointes : 10.1鈥擟ontrat de travail ; 99.1鈥擟ommuniqu茅 de presse ; 104鈥擠onn茅es XBRL int茅gr茅es.
Am 7. August 2025 reichte Xponential Fitness, Inc. (NYSE: XPOF) ein 8-K ein, in dem ein F眉hrungswechsel bekanntgegeben wurde.
- Ernennung: Mike Nuzzo, 54 Jahre alt, wird mit sofortiger Wirkung zum Chief Executive Officer und Class-III-Direktor ernannt; er wird nicht in Aussch眉ssen des Vorstands t盲tig sein.
- Hintergrund: Ehemaliger CEO von Eyemart Express (2022-2025) und ehemaliger COO/CFO bei Petco, zuvor leitende Finanzpositionen bei GNC und Abercrombie & Fitch.
- 痴别谤驳眉迟耻苍驳: Grundgehalt von 800.000 $; j盲hrlicher Barbonus bis zu 100 % des Gehalts; am 21. August 2025 gew盲hrte RSUs im Wert von 3,5 Mio. $ 鈥� 50 % zeitlich gestaffelt 眉ber 12-36 Monate, 50 % preisabh盲ngig bei 16, 25, 30 $ (20-Tage-Durchschnitt) innerhalb von 36 Monaten.
- Abfindung: Bei K眉ndigung ohne Grund oder aus wichtigem Grund erh盲lt Nuzzo 12 Monatsgeh盲lter, anteiligen Bonus, COBRA-Erstattung und anteilige Aktienfreigabe; Leistungen erh枚hen sich, wenn die K眉ndigung innerhalb von 12 Monaten nach einem Kontrollwechsel erfolgt.
- Einschr盲nkende Vereinbarungen: 12 Monate nach Beendigung keine Abwerbung, lebenslange Vertraulichkeit und Nicht-Diskreditierung sowie 脺bertragung von Erfindungen.
- Abgehender CEO: Mark King trat zum 7. August 2025 als CEO und Direktor zur眉ck.
- Anlagen: 10.1鈥擜rbeitsvertrag; 99.1鈥擯ressemitteilung; 104鈥擨nline-XBRL-Abdeckungsdaten.
Positive
- Experienced leadership: Nuzzo鈥檚 track record at Petco, GNC and Eyemart Express may strengthen XPOF鈥檚 retail & franchise operations.
- Share-price hurdles: Half of the $3.5 m RSUs vest only if stock reaches $16, $25 and $30, aligning incentives with shareholder returns.
Negative
- Leadership turnover: Sudden CEO departure may unsettle strategy execution and employee morale.
- Costly package: $800k salary, 100% bonus opportunity and sizeable RSU grant increase fixed and potential dilution expenses.
Insights
TL;DR: Leadership change brings seasoned operator; incentive package aligns interests but adds dilution and severance costs.
The hire of Mike Nuzzo introduces deep multi-brand retail and finance expertise that could accelerate XPOF鈥檚 operational scaling. The equity award鈥檚 price-vest features directly couple value creation with compensation, encouraging share-price targets up to $30鈥攚ell above recent trading levels. However, the simultaneous resignation of long-time CEO Mark King injects execution risk during the transition. The package鈥檚 $3.5 m RSU grant and generous severance add potential dilution and fixed obligations. Overall impact appears strategically positive but financially neutral until results surface.
Il 7 agosto 2025, Xponential Fitness, Inc. (NYSE: XPOF) ha presentato un modulo 8-K annunciando un cambio nella leadership.
- Nomina: Mike Nuzzo, 54 anni, 猫 nominato Amministratore Delegato e direttore di Classe III con effetto immediato; non far脿 parte dei comitati del Consiglio.
- Esperienza: Ex CEO di Eyemart Express (2022-2025) ed ex COO/CFO di Petco, con precedenti ruoli senior in ambito finanziario presso GNC e Abercrombie & Fitch.
- Compenso: Stipendio base di 800.000 $; bonus annuale in denaro fino al 100% dello stipendio; RSU del valore di 3,5 milioni di dollari assegnate il 21 agosto 2025 鈥� 50% maturano nel tempo tra 12 e 36 mesi, 50% maturano in base al prezzo a 16, 25 e 30 $ (media a 20 giorni) entro 36 mesi.
- 滨苍诲别苍苍颈迟脿: In caso di licenziamento senza giusta causa o per giusta ragione, Nuzzo ricever脿 12 mesi di stipendio, bonus proporzionato, rimborso COBRA e maturazione proporzionale delle azioni; i benefici aumentano se il licenziamento avviene entro 12 mesi da un Cambio di Controllo.
- Vincoli: Non sollecitazione per 12 mesi dopo la cessazione, obbligo perpetuo di riservatezza e non denigrazione, oltre all鈥檃ssegnazione delle invenzioni.
- CEO uscente: Mark King si 猫 dimesso da CEO e direttore con effetto dal 7 agosto 2025.
- Allegati: 10.1鈥擟ontratto di lavoro; 99.1鈥擟omunicato stampa; 104鈥擠ati XBRL inline.
El 7 de agosto de 2025, Xponential Fitness, Inc. (NYSE: XPOF) present贸 un formulario 8-K anunciando una transici贸n en el liderazgo.
- Nombramiento: Mike Nuzzo, 54 a帽os, asume como Director Ejecutivo y director de Clase III con efecto inmediato; no formar谩 parte de los comit茅s de la Junta.
- Antecedentes: Ex CEO de Eyemart Express (2022-2025) y ex COO/CFO en Petco, con cargos financieros senior previos en GNC y Abercrombie & Fitch.
- 颁辞尘辫别苍蝉补肠颈贸苍: Salario base de 800,000 $; bono anual en efectivo hasta el 100% del salario; RSUs por valor de 3.5 millones otorgadas el 21 de agosto de 2025 鈥� 50% con vesting temporal entre 12 y 36 meses, 50% con vesting por precio a 16, 25 y 30 $ (promedio de 20 d铆as) dentro de 36 meses.
- 滨苍诲别尘苍颈锄补肠颈贸苍: Si es despedido sin causa o por buena raz贸n, Nuzzo recibir谩 12 meses de salario, bono prorrateado, reembolso COBRA y vesting prorrateado de acciones; los beneficios aumentan si el despido ocurre dentro de los 12 meses posteriores a un Cambio de Control.
- Restricciones: No solicitaci贸n por 12 meses tras la terminaci贸n, confidencialidad y no difamaci贸n perpetuas, adem谩s de cesi贸n de invenciones.
- CEO saliente: Mark King renunci贸 como CEO y director con efecto al 7 de agosto de 2025.
- Anexos: 10.1鈥擟ontrato de empleo; 99.1鈥擟omunicado de prensa; 104鈥擠atos XBRL en l铆nea.
2025雲� 8鞗� 7鞚�, Xponential Fitness, Inc. (NYSE: XPOF)電� 毽崝鞁� 甑愳泊毳� 氚滍憸頃橂姅 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟.
- 鞛勲獏: 毵堨澊韥� 雸勳“(54靹�)臧� 歃夓嫓 須牓 氚滌儩頃橂姅 斓滉碃瓴届榿鞛�(CEO) 氚� 韥措灅鞀� III 鞚挫偓搿� 靹犾瀯霅橃棃鞙茧┌, 鞚挫偓須� 鞙勳洂須岇棎電� 彀胳棳頃橃 鞎婌姷雼堧嫟.
- 瓴诫牓: Eyemart Express CEO(2022-2025), Petco COO/CFO 於滌嫚鞚措┌, GNC鞕� Abercrombie & Fitch鞐愳劀 瓿犾渼 鞛 歆侅眳鞚� 鞐瀯頄堨姷雼堧嫟.
- 氤挫垬: 旮半掣旮� 80毵� 雼煬, 鞐瓣皠 順勱笀 氤措剤鞀� 斓滊寑 旮夓棳鞚� 100%, 2025雲� 8鞗� 21鞚� 攵�鞐悳 350毵� 雼煬 靸侂嫻鞚� RSU 鈥� 50%電� 12~36臧滌洈鞐� 瓯胳硱 鞁滉皠 旮办 氩犾姢韺�, 50%電� 36臧滌洈 雮� $16, $25, $30(20鞚� 韽夑窢 臧�瓴�) 旮办 臧�瓴� 氩犾姢韺�.
- 韲挫旮�: 鞝曤嫻頃� 靷湢 鞐嗠姅 頃搓碃 霕愲姅 鞝曤嫻頃� 鞚挫湢搿� 鞚疙暅 頃搓碃 鞁�, 雸勳“電� 12臧滌洈 旮夓棳, 牍勲 氤措剤鞀�, COBRA 牍勳毄 頇橁笁 氚� 牍勲 欤检嫕 氩犾姢韺呾潉 氚涭溂氅�, 12臧滌洈 雮� 歆�氚瓣惮臁� 氤�瓴� 頉� 頃搓碃 鞁� 順滍儩鞚� 頇曤寑霅╇媹雼�.
- 鞝滍暅 臁绊暛: 韲挫 頉� 12臧滌洈臧� 鞓侅梾 氚╉暣 旮堨, 鞓侁惮鞝侅澑 牍勲皜 鞙犾 氚� 牍勲癌 旮堨, 氚滊獏甓� 鞏戨弰 韽暔.
- 韲挫瀯 CEO: 毵堩伂 韨轨潃 2025雲� 8鞗� 7鞚茧秬搿� CEO 氚� 鞚挫偓歆侅棎靹� 靷瀯頄堨姷雼堧嫟.
- 觳秬 氍胳劀: 10.1鈥旉碃鞖� 瓿勳暯靹�; 99.1鈥旊炒霃� 鞛愲; 104鈥旍澑霛检澑 XBRL 旎る矂 雿办澊韯�.
Le 7 ao没t 2025, Xponential Fitness, Inc. (NYSE : XPOF) a d茅pos茅 un formulaire 8-K annon莽ant une transition de direction.
- Nomination : Mike Nuzzo, 54 ans, devient Directeur G茅n茅ral et administrateur de classe III avec effet imm茅diat ; il ne rejoindra pas les comit茅s du conseil d'administration.
- Parcours : Ancien PDG d'Eyemart Express (2022-2025) et ex-COO/CFO chez Petco, avec des postes financiers seniors ant茅rieurs chez GNC et Abercrombie & Fitch.
- R茅mun茅ration : Salaire de base de 800 000 $ ; bonus annuel en esp猫ces pouvant atteindre 100 % du salaire ; RSU d'une valeur de 3,5 M$ attribu茅es le 21 ao没t 2025 鈥� 50 % vesting temporel sur 12-36 mois, 50 % vesting conditionn茅 au prix 脿 16, 25, 30 $ (moyenne sur 20 jours) dans les 36 mois.
- Indemnit茅s : En cas de licenciement sans cause ou pour bonne raison, Nuzzo per莽oit 12 mois de salaire, un bonus au prorata, le remboursement COBRA et un vesting au prorata des actions ; les avantages s'茅tendent si le licenciement suit un changement de contr么le dans les 12 mois.
- Clauses restrictives : Non-sollicitation pendant 12 mois apr猫s la fin du contrat, confidentialit茅 et non-d茅nigrement 脿 vie, ainsi qu鈥檜ne cession des inventions.
- PDG sortant : Mark King a d茅missionn茅 de ses fonctions de PDG et d鈥檃dministrateur avec effet au 7 ao没t 2025.
- Pi猫ces jointes : 10.1鈥擟ontrat de travail ; 99.1鈥擟ommuniqu茅 de presse ; 104鈥擠onn茅es XBRL int茅gr茅es.
Am 7. August 2025 reichte Xponential Fitness, Inc. (NYSE: XPOF) ein 8-K ein, in dem ein F眉hrungswechsel bekanntgegeben wurde.
- Ernennung: Mike Nuzzo, 54 Jahre alt, wird mit sofortiger Wirkung zum Chief Executive Officer und Class-III-Direktor ernannt; er wird nicht in Aussch眉ssen des Vorstands t盲tig sein.
- Hintergrund: Ehemaliger CEO von Eyemart Express (2022-2025) und ehemaliger COO/CFO bei Petco, zuvor leitende Finanzpositionen bei GNC und Abercrombie & Fitch.
- 痴别谤驳眉迟耻苍驳: Grundgehalt von 800.000 $; j盲hrlicher Barbonus bis zu 100 % des Gehalts; am 21. August 2025 gew盲hrte RSUs im Wert von 3,5 Mio. $ 鈥� 50 % zeitlich gestaffelt 眉ber 12-36 Monate, 50 % preisabh盲ngig bei 16, 25, 30 $ (20-Tage-Durchschnitt) innerhalb von 36 Monaten.
- Abfindung: Bei K眉ndigung ohne Grund oder aus wichtigem Grund erh盲lt Nuzzo 12 Monatsgeh盲lter, anteiligen Bonus, COBRA-Erstattung und anteilige Aktienfreigabe; Leistungen erh枚hen sich, wenn die K眉ndigung innerhalb von 12 Monaten nach einem Kontrollwechsel erfolgt.
- Einschr盲nkende Vereinbarungen: 12 Monate nach Beendigung keine Abwerbung, lebenslange Vertraulichkeit und Nicht-Diskreditierung sowie 脺bertragung von Erfindungen.
- Abgehender CEO: Mark King trat zum 7. August 2025 als CEO und Direktor zur眉ck.
- Anlagen: 10.1鈥擜rbeitsvertrag; 99.1鈥擯ressemitteilung; 104鈥擨nline-XBRL-Abdeckungsdaten.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________________________________________________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 7, 2025
___________________________________________________________________________________________________________________________________
___________________________________________________________________________________________________________________________________
(Exact name of registrant as specified in its charter)
___________________________________________________________________________________________________________________________________
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||||||||
(Address of principal executive offices and zip code)
(602 ) 269-2000
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
| Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | |||||||||||||||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||||||||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||||||||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||||||||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||||||||||||||
| Securities registered pursuant to Section 12(b) of the Act: | |||||||||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | |||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| ITEM 8.01 | OTHER EVENTS | ||||
On August 7, 2025, Knight-Swift Transportation Holdings Inc. (the "Company") announced that on August 6, 2025 its board of directors declared a quarterly cash dividend of $0.18 per share of common stock. The dividend is payable to the Company's stockholders of record as of September 5, 2025, and is expected to be paid on September 22, 2025.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS | ||||
(d) Exhibits
| Exhibit | Description | |||||||
Exhibit 99 | Knight-Swift Transportation Holdings Inc. press release dated August 7, 2025, announcing quarterly cash dividend | |||||||
Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
The information in this report and the exhibit hereto may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our declaration of quarterly dividends. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends will be declared. The declaration and amount of future dividends is subject to approval of the board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable laws; restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results; and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Please refer to the last paragraph of the accompanying press release and various disclosures by the Company in other releases, stockholder reports, and filings with the Securities and Exchange Commission for information concerning risks, uncertainties, and other factors that may affect future results.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Knight-Swift Transportation Holdings Inc. | |||||||||||||||||
| (Registrant) | |||||||||||||||||
| Date: | August 7, 2025 | /s/ Andrew Hess | |||||||||||||||
| Andrew Hess | |||||||||||||||||
| Chief Financial Officer | |||||||||||||||||
Source:
FAQ
Why did Xponential Fitness (XPOF) file an 8-K on August 7 2025?
To disclose the appointment of Mike Nuzzo as Chief Executive Officer and the resignation of former CEO Mark King.
What is Mike Nuzzo鈥檚 compensation as the new CEO of XPOF?
$800,000 base salary, up to 100% annual cash bonus, and $3.5 m in RSUs with time-based and price-based vesting.
When will Nuzzo鈥檚 RSUs vest?
Half vest in four equal tranches at 12, 24, 30, and 36 months; the other half vest if the share price hits $16, $25, and $30 within 36 months.
What severance is owed if the new CEO is terminated without cause?
12 months鈥� base salary, prorated bonus, 12 months COBRA reimbursement, and prorated equity vesting; enhanced benefits after a Change in Control.
Did the outgoing CEO Mark King remain on XPOF鈥檚 board?
No. Mark King resigned both as Chief Executive Officer and as a director effective August 7 2025.
Knight-Swift Transn Hldgs Inc
NYSE:KNX
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6.88B
157.20M
3.1%
95.61%
4.76%
Trucking
Trucking (no Local)
United States
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