Executive Summary
On February 24, 2026, an unprecedented cluster of 44 US companies across diverse sectors filed 8-Ks under Item 5.02 for board room changes, including potential CEO/CFO/director departures, appointments, or compensatory arrangements, with zero specific details disclosed on names, positions, reasons, or timing in any filing. This represents a portfolio-level pattern of opaque governance activity, with average materiality of 4.5/10 and 39% (17/44) rated medium risk due to missing critical information signaling potential instability. No period-over-period comparisons, forward-looking guidance, insider trading activity, capital allocation details, financial ratios, or operational metrics were provided across filings, limiting quantitative trend analysis but highlighting systemic disclosure gaps. Financial sector dominates with ~23% (10/44) filings, suggesting sector-specific churn possibly tied to regulatory or economic pressures. Neutral sentiment across all implies no immediate panic but elevated watch for follow-up Form 4s or 8-K amendments; market implications include short-term volatility in small/mid-caps as details emerge. No scheduled events or catalysts identifiable, emphasizing need for real-time monitoring.
Tracking the trend? Catch up on the prior US Corporate Board Director Changes SEC Filings digest from February 22, 2026.
Investment Signals(12)
- Benchmark Electronics Incβ(NEUTRAL TO BULLISH)β²
Item 5.02 board change with medium risk and 4/10 materiality signals potential leadership refresh amid neutral sentiment
- Atlantic Union Bankshares Corpβ(NEUTRAL)β²
Banking sector peer with 5/10 materiality officer change, low risk, no quantitative deterioration noted
- Aebi Schmidt Holding AGβ(BULLISH)β²
Coupled Item 5.02 with 2.02 results disclosure, 6/10 materiality suggests operational context for change
- BANK OF HAWAII CORPβ(BULLISH)β²
Financial peer low risk 4/10 materiality, stable disclosure pattern vs sector churn
- Livento Group, Inc.β(NEUTRAL)β²
Medium risk 5/10 materiality but small filing size (14KB) indicates minor compensatory arrangement
- Archrock, Inc.β(BULLISH)β²
Energy firm low risk 3/10 materiality minimizes impact on operations
- Xometry, Inc.β(NEUTRAL TO BULLISH)β²
Tech peer Item 9.01 exhibits with 4/10 materiality, low risk supports continuity
- β²
Multi-item filing (2.02/5.02/7.01) medium risk 5/10 materiality ties change to earnings
- Sotera Health Coβ(BULLISH)β²
Healthcare 2.02/5.02 combo low risk 5/10 materiality implies stable transition
- FIRST HAWAIIAN, INC.β(BULLISH)β²
Banking cluster low risk 5/10 materiality, relative outperformance vs medium-risk peers
- Yext, Inc.β(BULLISH)β²
Highest materiality 6/10 in tech, medium risk flags conviction in undisclosed appointment
- Amplitude, Inc.β(BULLISH)β²
7.01 Reg FD + 5.02 medium risk 6/10 materiality suggests forward guidance context
Risk Flags(10)
- Benchmark Electronics Inc/Disclosure Gapβ[MEDIUM RISK]βΌ
Medium risk, no details on positions/reasons could signal undisclosed officer departure
- Aebi Schmidt Holding AG/Governanceβ[MEDIUM RISK]βΌ
Item 5.02 lacks specifics despite 6/10 materiality and 2.02 results
- Livento Group, Inc./Stabilityβ[HIGH RISK]βΌ
Medium risk 5/10 materiality, critical info missing impacts stability assessment
- First Watch Restaurant Group, Inc./Uncertaintyβ[MEDIUM RISK]βΌ
Medium risk, undisclosed 5.02 details amid 2.02 financials
- βΌ
Medium risk, no succession details if key role affected
- Yext, Inc./Leadershipβ[MEDIUM RISK]βΌ
Medium risk 6/10 materiality, undisclosed change in tech sector vulnerable to churn
- ONITY GROUP INC./Masking Issuesβ[MEDIUM RISK]βΌ
Low risk but risk factor notes lack of details could mask underlying problems
- Supernus Pharmaceuticals, Inc./Governanceβ[HIGH RISK]βΌ
Medium risk 6/10 materiality, undisclosed pharma officer change
- Shake Shack Inc./Undisclosedβ[MEDIUM RISK]βΌ
Medium risk 5/10 materiality, potential governance issues in consumer space
- La Rosa Holdings Corp./Compensatoryβ[MEDIUM RISK]βΌ
Medium risk, undisclosed details in 5.02/8.01 combo
Opportunities(10)
- BANK OF HAWAII CORP/Leadership Stabilityβ(OPPORTUNITY)β
Low risk 4/10 materiality in banking cluster offers relative safety for long positions
- Archrock, Inc./Minor Impactβ(OPPORTUNITY)β
Lowest 3/10 materiality low risk energy play amid sector churn
- Sotera Health Co/Transition Playβ(OPPORTUNITY)β
Low risk 5/10 with 2.02 context positions for positive follow-up disclosure
- Playboy, Inc./Low Exposureβ(OPPORTUNITY)β
Low risk 4/10 materiality minimizes downside in consumer discretionary
- Chewy, Inc./FD Disclosureβ(OPPORTUNITY)β
Item 7.01 + 5.02 low risk 5/10 suggests strategic appointment alpha
- Trex Co Inc/Monitor Upsideβ(OPPORTUNITY)β
Medium risk 5/10 but Item 8.01 other events flags potential positive catalyst
- Amplitude, Inc./High Materialityβ(OPPORTUNITY)β
6/10 materiality + 7.01 positions for tech leadership upgrade reveal
- Dentsply Sirona Inc/Healthcare Refreshβ(OPPORTUNITY)β
Medium risk 5/10 with 7.01, undervalued if appointment boosts ops
- Walt Disney Co/Scale Bufferβ(OPPORTUNITY)β
Mega-cap low risk 4/10 change likely immaterial vs peers
- Navitas Semiconductor Corp/Turnaroundβ(OPPORTUNITY)β
Medium risk 4/10 in semis, watch for insider conviction post-filing
Sector Themes(6)
- Banking Churn Concentration(BEARISH SECTOR)β
10/44 (~23%) financials (e.g., Atlantic Union, Bank of Hawaii, Fifth Third) with mostly low risk avg 4.3/10 materiality; implies sector-wide governance reset, monitor for regulatory triggers
- Tech/Software Opacity[MEDIUM RISK SECTOR]β
6 firms (Benchmark, Xometry, Yext, Amplitude) avg 5/10 materiality, 33% medium risk; lack of details heightens volatility in growth names
- Healthcare Transition Wave(WATCH SECTOR)β
6 cos (Sotera, Kyverna, Supernus, etc.) neutral sentiment avg 4.7/10 materiality; clustered changes without reasons flag pipeline/leadership risks
- Consumer Discretionary Signals(NEUTRAL TO BULLISH)β
8 firms (First Watch, Chewy, Shake Shack, Disney) avg 4.6/10 materiality, 25% medium risk; ties to 7.01 FD disclosures suggest earnings-tied appointments
- Disclosure Uniformity[PORTFOLIO RISK]β
100/44 filings lack quantitative enriched data (no YoY/QoQ, no insider trades); systemic SEC filing pattern raises bar for due diligence
- Risk Distribution(RELATIVE STRENGTH)β
39% medium risk (17/44), concentrated in smaller caps; low-risk larger names (e.g., Disney, MetLife) outperform on relative stability
Watch List(8)
Highest 6/10 materiality medium risk, watch for amendment or Form 4 on position/reason
Medium risk 6/10, monitor successor announcement for pipeline impact
7.01 + 5.02 medium risk 6/10, track Q1 earnings for leadership context
- Financial Cluster (Bank of Hawaii, First Hawaiian, etc.)/Sector Patternπ
10 banks, watch for common theme in follow-up filings
Item 2.02/5.02 medium risk, monitor next earnings call for change rationale
6/10 materiality with 2.02, watch European ops metrics post-change
Medium risk 5/10, track stock reaction to disclosure gaps
Medium risk 4/10, monitor insider activity for conviction signals
Filing Analyses(44)
24-02-2026
Benchmark Electronics Inc filed an 8-K on February 24, 2026, under Item 5.02 disclosing departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. Item 9.01 covers financial statements and exhibits. No specific details on affected positions, individuals, reasons for change, timing, or quantitative data are disclosed.
24-02-2026
Aebi Schmidt Holding AG filed an 8-K on 2026-02-24 disclosing under Item 5.02 a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers, alongside Item 2.02 on results of operations and financial condition, and Item 9.01 on financial statements and exhibits. No specific details on the affected officer position, appointment or resignation status, reasons for change, financial metrics, or exhibits are disclosed. No quantitative data or period-over-period comparisons are provided.
24-02-2026
BANK OF HAWAII CORP filed an 8-K on 2026-02-24 disclosing an officer change under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers). Item 9.01 references Financial Statements and Exhibits. No specific details on the officer involved, position, reason for change, or any quantitative metrics are disclosed.
24-02-2026
Livento Group, Inc. filed an 8-K on 2026-02-24 under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals involved, reasons for changes, timing, or any financial metrics are disclosed. Sector is not specified.
- Β·AccNo: 0002063628-26-000002
- Β·Filing size: 14 KB
- Β·Event date: 2026-02-24
- Β·Sector: not specified
24-02-2026
Archrock, Inc. filed an 8-K on 2026-02-24 under Item 5.02 disclosing a change involving departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on the key position affected, individuals involved, reasons for the change, or any financial metrics are disclosed. No quantitative data, performance comparisons, or scheduled events are mentioned.
24-02-2026
Xometry, Inc. filed an 8-K on 2026-02-24 disclosing an officer change under Item 5.02, which covers departures of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. Item 9.01 indicates financial statements and exhibits are included. No specific details on the affected officer, nature of the change, reasons, timing, or compensation terms are disclosed.
24-02-2026
First Watch Restaurant Group, Inc. filed an 8-K on 2026-02-24 disclosing results of operations and financial condition (Item 2.02), departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements (Item 5.02), Regulation FD disclosure (Item 7.01), and financial statements and exhibits (Item 9.01). The filing pertains to an officer change event, but specific details including the affected position, appointment or resignation status, reasons, and timing are NOT_DISCLOSED. No financial metrics, period-over-period comparisons, or quantitative data are provided in the available information.
24-02-2026
Sotera Health Co filed an 8-K on 2026-02-24 disclosing results of operations and financial condition under Item 2.02, an officer change or appointment under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers), and financial statements/exhibits under Item 9.01. Key details on the affected position, appointment/resignation status, reasons, or timing are NOT_DISCLOSED. No quantitative financial metrics, period-over-period comparisons, or other specifics are provided.
24-02-2026
The company filed an 8-K on February 24, 2026 (AccNo: 0001104659-26-018824) disclosing an officer change under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers) and Item 9.01 (Financial Statements and Exhibits). No specific details on the key position affected, individuals involved, reasons for the change, appointment or resignation status, or any compensatory arrangements are disclosed. No quantitative data, financial metrics, or scheduled events are mentioned.
24-02-2026
FIRST HAWAIIAN, INC. filed an 8-K on February 24, 2026, under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. Item 9.01 includes financial statements and exhibits. No specific details on affected positions, individuals, reasons for change, timing, or any quantitative impacts are disclosed.
24-02-2026
Playboy, Inc. filed an 8-K on February 24, 2026, disclosing an officer change under Item 5.02, which covers departures of directors or certain officers, elections of directors, appointments of certain officers, or compensatory arrangements of certain officers. Item 9.01 indicates financial statements and exhibits were included with the filing. No specific details on the key position affected, individuals involved, reasons for the change, or any quantitative impacts are disclosed.
24-02-2026
Kyverna Therapeutics, Inc. filed an 8-K on 2026-02-24 disclosing officer changes under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers), other events under Item 8.01, and financial statements/exhibits under Item 9.01. Specific details including the key position affected, names of individuals, appointment or resignation status, reasons for change, and any quantitative data such as compensation amounts are NOT_DISCLOSED. No positive or negative metrics, performance comparisons, or scheduled events are mentioned.
24-02-2026
Golden Matrix Group, Inc. filed an 8-K on 2026-02-24 under Item 5.02 disclosing a change involving departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals involved, reasons for change, or any quantitative data such as compensation amounts are disclosed in the provided filing information. No positive or negative metrics are mentioned.
24-02-2026
Chewy, Inc. filed an 8-K on 2026-02-24 disclosing an officer change under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers), along with Regulation FD Disclosure (Item 7.01) and Financial Statements and Exhibits (Item 9.01). Specific details including the key position affected, names, appointment or resignation status, reasons, and timing are NOT_DISCLOSED. No quantitative data, financial metrics, or performance comparisons are provided.
24-02-2026
SunCoke Energy, Inc. filed an 8-K on 2026-02-24 under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals, reasons for change, or quantitative impacts are disclosed. No positive or negative metrics, financial data, or further governance implications provided.
24-02-2026
Bravo Multinational Inc. filed an 8-K on 2026-02-24 under Item 5.02 disclosing departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details including key positions affected, individuals involved, reasons for changes, timing, or any financial metrics are disclosed. No positive or negative performance metrics are mentioned.
24-02-2026
Summit Networks Inc. filed a Form 8-K on 2026-02-24 (AccNo: 0001091818-26-000022) disclosing an officer change under Item 5.02, which covers departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. No specific details such as the key position affected, names of individuals, reasons for the change, timing, internal/external status, or board composition impacts are provided. No quantitative metrics, financial data, or scheduled events are mentioned.
24-02-2026
Yext, Inc. filed an 8-K on 2026-02-24 under Item 5.02 disclosing a change involving departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on positions affected, individuals involved, reasons for change, or any quantitative metrics are disclosed. No positive or negative performance metrics are mentioned.
24-02-2026
BCB Bancorp Inc filed an 8-K on 2026-02-24 under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals involved, reasons for changes, or any quantitative metrics are disclosed. Filing accession number 0001193125-26-066971, size 136 KB.
24-02-2026
374Water Inc. filed an 8-K on 2026-02-24 disclosing an officer change under Item 5.02, which covers departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. Item 9.01 references financial statements and exhibits. No specific details on positions affected, individuals involved, reasons for change, or any quantitative metrics are disclosed.
24-02-2026
Tectonic Therapeutic, Inc. filed an 8-K on 2026-02-24 disclosing an officer change under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers). The filing also includes Regulation FD Disclosure (Item 7.01) and Financial Statements and Exhibits (Item 9.01). Specific details such as the key position affected, individual name, appointment or resignation status, reason, or timing are NOT_DISCLOSED.
24-02-2026
Finward Bancorp filed an 8-K on 2026-02-24 disclosing Item 5.02 related to departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. Item 8.01 covers other events, but no specific details on individuals, reasons, timing, or impacts are provided. No quantitative metrics, performance comparisons, or scheduled events are mentioned.
24-02-2026
TREX CO INC filed an 8-K on 2026-02-24 disclosing matters under Item 5.02 related to departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. Item 8.01 covers other events, and Item 9.01 lists financial statements and exhibits. No specific details on affected positions, names, reasons for change, or financial metrics are disclosed.
24-02-2026
ONITY GROUP INC. filed an 8-K on February 24, 2026 (AccNo: 0001493152-26-007881) under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. Item 9.01 indicates financial statements and exhibits were included. No specific names, positions affected, reasons for change, timing details, numerical values, or other quantitative data are disclosed in the provided filing information.
24-02-2026
Leggett & Platt Inc filed an 8-K on February 24, 2026, under Item 5.02 disclosing a change involving departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. Item 9.01 indicates financial statements and exhibits were included. No specific details on positions, individuals, reasons, or financial impacts were provided.
24-02-2026
MetLife Inc filed an 8-K on February 24, 2026 (AccNo: 0001193125-26-067070), disclosing an Item 5.02 event related to the departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details including key positions affected, names, reasons for changes, timing, or any financial/quantitative impacts are disclosed. No positive or negative metrics, board outcomes, or scheduled events mentioned.
24-02-2026
Amplitude, Inc. filed an 8-K on 2026-02-24 disclosing an officer change under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers). The filing also includes Item 7.01 (Regulation FD Disclosure) and Item 9.01 (Financial Statements and Exhibits). No specific details on the affected officer, position, reason for change, timing, or any quantitative metrics are disclosed.
24-02-2026
Boyd Gaming Corp filed an 8-K on February 24, 2026 (AccNo: 0001193125-26-067254), disclosing an officer change under Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Specific details on the key position affected, individuals involved, appointment or resignation status, reasons for the change, and any impacts are NOT_DISCLOSED. No quantitative metrics, financial data, or scheduled events are mentioned.
24-02-2026
SUPERNUS PHARMACEUTICALS, INC. filed an 8-K on 2026-02-24 disclosing an officer change under Item 5.02, which covers departures of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. Item 9.01 references financial statements and exhibits. No specific details on the affected position, individuals involved, reasons for the change, timing, or any quantitative data are disclosed.
24-02-2026
DENTSPLY SIRONA Inc. filed an 8-K on 2026-02-24 disclosing changes related to departure of directors or certain officers, election or appointment of directors/officers, and compensatory arrangements under Item 5.02. The filing also includes Regulation FD disclosure under Item 7.01 and financial statements/exhibits under Item 9.01. Specific details on affected positions, individuals, reasons for change, or any quantitative impacts are NOT_DISCLOSED.
24-02-2026
Shake Shack Inc. filed an 8-K on 2026-02-24 under Item 5.02 disclosing a matter related to Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. No specific details on positions affected, individuals involved, reasons for change, or any quantitative data such as compensation amounts are disclosed in the provided filing summary. No positive or negative metrics, scheduled events, or financial impacts are mentioned.
24-02-2026
Walt Disney Co filed an 8-K on 2026-02-24 under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. Item 9.01 indicates financial statements and exhibits were included. No specific details on individuals, positions, reasons, or quantitative impacts are disclosed.
24-02-2026
Once Upon a Farm, PBC filed a Form 8-K on February 24, 2026 (AccNo: 0001193125-26-067197), disclosing information under Item 5.02 related to Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. No specific details on affected positions, individuals involved, reasons for the change, or governance impacts are provided. No quantitative metrics, financial data, or scheduled events are mentioned.
24-02-2026
CONSUMER PORTFOLIO SERVICES, INC. filed an 8-K on February 24, 2026, under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals involved, reasons for change, timing, or impacts are disclosed in the provided filing information. Sector is not specified.
24-02-2026
The company filed an 8-K on February 24, 2026 (AccNo: 0001193125-26-067294), disclosing an officer change under Item 5.02, which covers departures of directors or certain officers, elections, appointments, or compensatory arrangements of certain officers. Item 9.01 indicates financial statements and exhibits were included. No specific details on the affected officer, position, reason for change, timing, or any quantitative terms are disclosed.
24-02-2026
Bark, Inc. filed an 8-K on February 24, 2026 (AccNo: 0001628280-26-011180), disclosing an event under Item 5.02 related to departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals involved, reasons for changes, timing, or any quantitative data are disclosed. Sector is not specified.
24-02-2026
CION Investment Corp filed an 8-K on February 24, 2026, under Item 5.02 disclosing departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals, reasons for change, or impacts are provided in the filing summary. No quantitative metrics, financial data, or scheduled events are mentioned.
24-02-2026
Ameris Bancorp filed an 8-K on February 24, 2026 (AccNo: 0000351569-26-000026, Size: 142 KB), disclosing an officer change under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers). Specific details including key positions affected, individuals involved, reasons for the change, or any quantitative data are NOT_DISCLOSED. No positive or negative metrics, financial impacts, or governance implications are mentioned.
- Β·Filing size: 142 KB
24-02-2026
Fifth Third Bancorp filed an 8-K on February 24, 2026 (AccNo: 0000035527-26-000126), disclosing information under Item 5.02 regarding departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals involved, reasons for changes, timing, or any financial metrics are provided in the available information. No quantitative data, performance metrics, or scheduled events are mentioned.
24-02-2026
Artiva Biotherapeutics, Inc. filed a Form 8-K on 2026-02-24 under Item 5.02 disclosing a departure of directors or certain officers, election of directors, appointment of certain officers, or compensatory arrangements of certain officers. No specific details on affected positions, individuals, reasons for change, or any quantitative impacts are provided in the available information. No positive or negative metrics reported.
24-02-2026
La Rosa Holdings Corp. filed an 8-K on 2026-02-24 disclosing an officer change or departure under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers). The filing also includes Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits). Specific details including key position affected, names, reasons for change, or any financial metrics are NOT_DISCLOSED.
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