---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-015812"
form_type: "8-K"
ticker: "BOC"
cik: "0001494582"
company_name: "BOSTON OMAHA Corp"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:37:06.000392+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Co-CEO Alex Rozek departs; Adam Peterson becomes sole Chair and CEO; company repurchases $19M in shares

## Summary
- Alex Rozek resigns as Co-CEO and Co-Chair effective May 9, 2024; Adam Peterson named sole Chairman and CEO.
- Company repurchases 210,000 Class A, 527,780 Class B shares and 51,994 warrants for ~$19.1M in cash and Sky Harbour shares.
- Rozek receives separation: 200,000 Sky Harbour shares, $960,000 severance (18 months), $75,000 benefits, $250,000 non-compete.
- Rozek forfeits BOAM Class C units; Boulderado removed from Voting Agreement with Magnolia.
- Company to focus on expanding margins in existing lines (billboards, surety, fiber) and forgo new significant acquisitions near-term.

## SEC filing metadata
- accession: 0001437749-24-015812
- form_type: 8-K
- ticker: BOC
- cik: 0001494582
- company_name: BOSTON OMAHA Corp
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494582/000143774924015812/0001437749-24-015812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494582/000143774924015812/bomn20240509_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-015812
- JSON: https://secwatch.observer/filing/0001437749-24-015812.json
- Plain text: https://secwatch.observer/filing/0001437749-24-015812.txt

## Key facts
- Executive change
  Adam K. Peterson was appointed as Chairman and Chief Executive Officer at BOSTON OMAHA Corp.
  - Action: appointed
  - Role: Chairman and Chief Executive Officer
  source text: the Board appointed Adam K. Peterson as the sole Chairman and sole Chief Executive Officer of the Company, succeeding Mr. Rozek
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494582/000143774924015812/0001437749-24-015812-index.htm

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