Sure, this is the season of giving, but shouldn't companies save some of the gifts for shareholders? Long holiday weekends are a great time for companies to disclose potentially controversy-provoking information. With a shortened trading day just before Christmas coupled with the SEC being closed until today, late last week was a great time to make disclosures that relatively few people are likely to read.
Come Jan. 1, companies will have to comply with new IRS rules governing deferred compensation, including how it relates to executive employment and separation agreements. This ought to be pretty ho-hum stuff, but some companies are including pay increases for executives with the required modifications.
The CEO at Domino's Pizza
Home furnishings retailer Bed Bath & Beyond
Other companies are also notifying shareholders of potentially controversial issues. Sneaker maker K-Swiss
Not everyone threw in add-ons for executives. Luxury handbag maker Coach
This serves as a good reminder that even when companies are required to disclose important information like executive compensation, you have to keep your eyes open. Otherwise, you could potentially miss an important announcement that could change your mind about whether you want to invest in a stock or not.
Open these other gifts of Foolishness:
Bed Bath & Beyond is a Motley Fool Inside Value pick. Coach and Bed Bath & Beyond are Motley Fool Stock Advisor selections. The Fool owns shares of Bed Bath & Beyond. Try any of our Foolish newsletter services free for 30 days.
Fool contributor Rich Duprey owns shares of Bed Bath & Beyond but has no financial position in any of the other stocks mentioned in this article. You can see his holdings. The Motley Fool has a disclosure policy.