--- schema_version: "secwatch.filing_event.v1" accession: "0001140361-24-034113" form_type: "8-K" ticker: null cik: "0001017480" company_name: "HIBBETT INC" filed_at: "2024-07-25T23:59:59+00:00" generated_at: "2026-05-31T16:07:47.353097+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Hibbett acquired by JD Sports Fashion for $87.50/share; ~$1.1B deal closed July 25 ## Summary - Stockholders received $87.50 cash per share; total consideration ~$1.1 billion. - Hibbett delisted from Nasdaq immediately; public reporting obligations to be suspended. - Mike Longo continues as President & CEO; Jared Briskin appointed COO. - CFO Robert Volke to depart Oct 25, 2024, receiving severance under change-in-control agreement. - Entire prior board replaced; new directors named from JD Sports. ## SEC filing metadata - accession: 0001140361-24-034113 - form_type: 8-K - cik: 0001017480 - company_name: HIBBETT INC - filed_at: 2024-07-25T23:59:59+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, 5.03, 5.02, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/ef20032973_form8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001140361-24-034113 - JSON: https://secwatch.observer/filing/0001140361-24-034113.json - Plain text: https://secwatch.observer/filing/0001140361-24-034113.txt ## Key facts - Executive change Lorna E. Nagler resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Michael E. Longo resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change William G. Quinn resigned as other_named_officer at HIBBETT INC. - Action: resigned source text: Effective upon completion of the Merger, the following persons, who were named executive officers of the Company immediately prior to the Effective Time, are no longer officers of the Company: William G. Quinn, Benjamin A. Knighten and Robert Volke. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Régis Schultz was appointed as Director at HIBBETT INC. - Action: appointed - Role: Director source text: Following the consummation of the Merger, each of Régis Schultz, Dominic Platt, Ian Roberts and Michael E. Longo were appointed as members of the Company’s board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Linda Hubbard resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change James A. Hilt resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Dorlisa K. Flur resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Ian Roberts was appointed as Director at HIBBETT INC. - Action: appointed - Role: Director source text: Following the consummation of the Merger, each of Régis Schultz, Dominic Platt, Ian Roberts and Michael E. Longo were appointed as members of the Company’s board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Anthony F. Crudele resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Terrance G. Finley resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Karen S. Etzkorn resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Pamela J. Edwards resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Benjamin A. Knighten resigned as other_named_officer at HIBBETT INC. - Action: resigned source text: Effective upon completion of the Merger, the following persons, who were named executive officers of the Company immediately prior to the Effective Time, are no longer officers of the Company: William G. Quinn, Benjamin A. Knighten and Robert Volke. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Michael E. Longo was appointed as Director at HIBBETT INC. - Action: appointed - Role: Director source text: Following the consummation of the Merger, each of Régis Schultz, Dominic Platt, Ian Roberts and Michael E. Longo were appointed as members of the Company’s board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Robert Volke resigned as Senior Vice President and Chief Financial Officer at HIBBETT INC. - Action: resigned - Role: Senior Vice President and Chief Financial Officer source text: On July 24, 2024, the Company entered into a letter agreement with Robert Volke (the “ Volke Agreement ”) providing for the termination of Mr. Volke’s employment as the Company’s Senior Vice President and Chief Financial Officer to pursue other opportunities, with the termination to be effective October 25, 2024 evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Dominic Platt was appointed as Director at HIBBETT INC. - Action: appointed - Role: Director source text: Following the consummation of the Merger, each of Régis Schultz, Dominic Platt, Ian Roberts and Michael E. Longo were appointed as members of the Company’s board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm - Executive change Ramesh Chikkala resigned as Director at HIBBETT INC. - Action: resigned - Role: Director source text: Pursuant to the terms of the Merger Agreement, Anthony F. Crudele, Pamela J. Edwards, James A. Hilt, Ramesh Chikkala, Karen S. Etzkorn, Terrance G. Finley, Dorlisa K. Flur, Linda Hubbard, Michael E. Longo and Lorna E. Nagler ceased serving as members of the Company’s board of directors and each committee thereof. evidence_url: https://www.sec.gov/Archives/edgar/data/1017480/000114036124034113/0001140361-24-034113-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.