---
schema_version: "secwatch.filing_event.v1"
accession: "0000850460-24-000070"
form_type: "8-K"
ticker: null
cik: "0000850460"
company_name: "ENCORE WIRE CORP"
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:52:17.728696+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Encore Wire acquired by Prysmian for $290/share; stock delisted from Nasdaq

## Summary
- Merger closed July 2, 2024; Encore stockholders received $290.00 per share in cash.
- All prior directors resigned; Andrea Pirondini and Saskia Veerkamp appointed as new board.
- CEO Daniel Jones awarded $15M in bonuses; CFO Bret Eckert awarded $11.25M plus non-compete.
- Encore repaid and terminated its Credit Agreement with Bank of America upon closing.
- Encore Common Stock ceased trading on Nasdaq and will be deregistered with SEC.

## SEC filing metadata
- accession: 0000850460-24-000070
- form_type: 8-K
- cik: 0000850460
- company_name: ENCORE WIRE CORP
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/850460/000085046024000070/0000850460-24-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/850460/000085046024000070/wire-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000850460-24-000070
- JSON: https://secwatch.observer/filing/0000850460-24-000070.json
- Plain text: https://secwatch.observer/filing/0000850460-24-000070.txt

## Key facts
- Executive change
  Andrea Pirondini was appointed as Director at ENCORE WIRE CORP.
  - Action: appointed
  - Role: Director
  source text: Effective as of the Effective Time, the sole stockholder of Encore following the consummation of the Merger appointed the following individuals as the directors of Encore: Andrea Pirondini and Saskia Maria Veerkamp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/850460/000085046024000070/0000850460-24-000070-index.htm
- Executive change
  Saskia Maria Veerkamp was appointed as Director at ENCORE WIRE CORP.
  - Action: appointed
  - Role: Director
  source text: Effective as of the Effective Time, the sole stockholder of Encore following the consummation of the Merger appointed the following individuals as the directors of Encore: Andrea Pirondini and Saskia Maria Veerkamp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/850460/000085046024000070/0000850460-24-000070-index.htm
- M&A Transactions
  ENCORE WIRE CORP underwent a change of control involving Prysmian S.p.A. for $290.00 in cash (closed 2024-07-02).
  - Action: change of control
  - Counterparty: Prysmian S.p.A.
  - Consideration: $290.00 in cash
  - Closing: 2024-07-02
  source text: prior to the Effective Time (other than certain excluded shares (as specified in the Merger Agreement)) were converted automatically into the right to receive, without interest, $290.00 in cash (the “ Merger Consideration ”), subject to any required tax withholding. Immediately prior to the Effective Time, each Company equity award granted prior to the date of
  evidence_url: https://www.sec.gov/Archives/edgar/data/850460/000085046024000070/0000850460-24-000070-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.