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8-KThe WireRed Alert

Executive Change

Filed Feb 22, 2024 · 2y ago · Accession 0000034067-24-000021

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

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): February 17, 2024   DMC Global Inc. (Exact Name of Registrant as Specified in its Charter)   Delaware   001-14775   84-0608431 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   11800 Ridge Parkway , Suite 300 , Broomfield , Colorado 80021 (Address of Principal Executive Offices, Including Zip Code)   ( 303 ) 665-5700 (Registrant’s Telephone Number, Including Area Code)   Check the appropriate box below if the Form 8-K filing 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 Name of exchange on which registered Common Stock, $0.05 Par Value BOOM The Nasdaq Global Select Market 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 o 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. o Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer On February 17, 2024, DMC Global Inc. (the “Company”) entered into a Retention Agreement with Ian Grieves, President and Managing Director of DynaEnergetics (the “Retention Agreement”), in connection with the Company’s recently announced strategic alternatives process for its DynaEnergetics business. Under the Retention Agreement, Mr. Grieves will be entitled to receive an aggregate cash bonus of up to €425,000 if he satisfies certain requirements and other conditions in the Retention Agreement are met. 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.     DMC Global Inc.     Dated: February 22, 2024 By: /s/ Michelle Shepston Michelle Shepston Executive Vice President, Chief Legal Officer and Secretary
Filing details
Ticker
BOOM
CIK
34067
Form type
8-K
Filing date
Feb 22, 2024
Report date
Feb 17, 2024
Document
boom-20240217.htm
Size
154 KB