Dick's Sporting Goods, Inc 8-K, filed Nov 1, 2022
Dick's Sporting Goods, Inc. (DKS)
8-K
2022-11-01
For: 2022-10-30
View Original
Added on
April 12, 2026
About this 8-K
Dick's Sporting Goods, Inc filed this 8-K on November 1, 2022, reporting on events of October 30, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): October 30, 2022
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of Principal Executive Offices)
(724 ) 273-3400
(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 filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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. o
TABLE OF CONTENTS
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On October 30, 2022, Donald J. Germano, Executive Vice President - Stores and Supply Chain of DICK'S Sporting Goods, Inc. (the "Company"), notified the Company that he is retiring from his position effective November 1, 2022.
In connection with his retirement, Mr. Germano and the Company will enter into a Separation Agreement and General Release pursuant to which Mr. Germano will receive a severance payment equal to twelve months of his current base salary, $700,000. The Company's obligations are subject to Mr. Germano's compliance with the terms of the Separation Agreement and General Release, which include an eighteen-month non-competition and non-solicitation period and confidentiality requirements.
SIGNATURE
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 thereunto duly authorized.
| DICK'S SPORTING GOODS, INC. | ||||||||
| Date: November 1, 2022 | By: | /s/ John E. Hayes III | ||||||
| Name: | John E. Hayes III | |||||||
| Title: | Senior Vice President - General Counsel & Secretary | |||||||