SEC Filing Summary: Resource Capital Corp. (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Resource Capital Corp. on March 8, 2017, covering an event that occurred on March 2, 2017. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to Item 5.02 regarding officer departures and does not contain financial statements.
Material Changes
Richard L. Fore has informed the Board of Directors that he will not stand for re-election at the Company's next annual meeting of stockholders, expected to be held on June 1, 2017. This change is due to Mr. Fore's determination that he cannot devote the necessary time to Board matters. The filing explicitly states this decision was not the result of any disagreements with the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or discussion of material risks and contingencies beyond the standard disclosure of the director's departure.
Key Facts for Investor Verification
- Richard L. Fore will not seek re-election to the Board of Directors.
- The next annual meeting of stockholders is expected on June 1, 2017.
- The departure is voluntary and unrelated to any disputes with the Company.
- Note: The request metadata referenced "ACRES Commercial Realty Corp.," but the filing text identifies the registrant as "Resource Capital Corp."