Insperity Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$NSP
Professional Services
Consumer Discretionary
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): November 15, 2024
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 27, 2024, Insperity, Inc. (the “Company”) announced the retirement of Douglas S. Sharp, Executive Vice President of Finance, Chief Financial Officer and Treasurer, effective November 15, 2024. On November 15, 2024, the Company and Mr. Sharp entered into a consulting agreement. Under the consulting agreement, Mr. Sharp will be reasonably available to consult on the continued transition of his responsibilities and to provide financial advice, business advice, and other advisory services through March 31, 2025; receive $10,000 per month compensation; and, until the end of twenty-four months following the expiration or termination of the consulting agreement, agree not to engage in business activities that compete with the Company’s operations and not to solicit employees of the Company. A copy of the consulting agreement is attached as Exhibit 10.1 and is incorporated by reference.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
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.
| INSPERITY, INC. | |||||
| By: | /s/ Christian P. Callens | ||||
| Christian P. Callens | |||||
| Senior Vice President of Legal, General Counsel and Secretary | |||||
Date: November 21, 2024