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Thursday, April 02, 2020 5:07:29 PM
It’s the company 401K plan instead of money each month Employees were given shares. Paid in shares instead of monetary comp.
Employ Benefits Plan: S8
SEC Form S-8 refers to a filing that allows public companies to register securities it offers as part of an employee benefit plan.
KEY TAKEAWAYS
Form S-8 refers to a filing that allows public companies to register securities it offers as part of an employee benefit plan.
The filing is required by the Securities and Exchange Commission under the Securities Exchange Act of 1933.
The form must be filed before a company issues of these securities.
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