Huron Consulting Group (NASDAQ: HURN) appoints Shoshana Vernick to board
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Huron Consulting Group Inc. elected Shoshana M. Vernick to its Board of Directors, effective June 19, 2026, to serve until the 2027 Annual Meeting of Stockholders. She will sit on the Compensation, Finance and Capital Allocation, and Technology and Information Security committees.
As a non-employee director, Ms. Vernick’s compensation follows Huron’s standard program: an annual cash retainer of $80,000 plus retainers of $10,000, $7,500 and $7,500 for the three committees, and an annual restricted stock grant valued at $180,000. Because she joined within six months of the annual meeting, her initial cash retainer and restricted stock award will be prorated, with half the annual restricted stock grant awarded on July 1, 2026 and vesting one year later.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective board appointment date: June 19, 2026
Annual cash retainer: $80,000
Committee retainers: $10,000, $7,500, $7,500
+3 more
6 metrics
Effective board appointment date
June 19, 2026
Date Shoshana Vernick was elected director
Annual cash retainer
$80,000
Standard non-employee director cash retainer
Committee retainers
$10,000, $7,500, $7,500
Annual retainers for Compensation, Finance and Capital Allocation, and Technology and Information Security committees
Annual restricted stock grant value
$180,000
Non-employee director annual equity grant before proration
Initial prorated grant date
July 1, 2026
Date half-sized restricted stock grant will be made
Vesting period
1 year
Prorated restricted stock vests on first anniversary of July 1, 2026 grant
Key Terms
non-employee director compensation, restricted stock, Annual Meeting of Stockholders, Regulation S-K, +1 more
5 terms
non-employee director compensation financial
"As a director of Huron, Ms. Vernick will receive compensation in accordance with the Company’s non-employee director compensation practices"
restricted stock financial
"an annual grant of restricted stock on the date of the Company’s annual meeting with a value of $180,000"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Annual Meeting of Stockholders regulatory
"to serve until the 2027 Annual Meeting of Stockholders of Huron"
Regulation S-K regulatory
"no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
private equity firm financial
"co-founder and managing partner of Avathon Capital, a private equity firm founded in 2016"
An investment firm that raises money from wealthy individuals and institutions to buy and take control of companies, improve their operations or finances, and later sell them for a profit. Think of it like a team of home renovators that buys a house, fixes it up, and resells it; for investors, private equity firms can change company strategy, affect stock valuations, provide buyout offers, or create exit opportunities for shareholders.
FAQ
What board role did Huron Consulting Group (HURN) announce for Shoshana Vernick?
Huron Consulting Group elected Shoshana M. Vernick to its Board of Directors, effective June 19, 2026, to serve until the 2027 Annual Meeting. She will also serve on the Compensation, Finance and Capital Allocation, and Technology and Information Security committees.
What is Shoshana Vernick’s professional background mentioned by Huron (HURN)?
Shoshana Vernick is co-founder and managing partner of Avathon Capital, focused on education and knowledge services. She previously was a managing director at Sterling Partners and has held board and trustee roles at several education-focused organizations and funds.
How will Huron (HURN) compensate Shoshana Vernick as a new director?
Huron will compensate Shoshana Vernick under its non-employee director program, including an $80,000 annual cash retainer, additional committee retainers of $10,000, $7,500, and $7,500, plus an annual restricted stock grant with a value of $180,000, subject to proration.
How is Shoshana Vernick’s initial restricted stock grant at Huron (HURN) structured?
Because she joined within six months of the annual meeting, Shoshana Vernick will receive half of the usual $180,000 restricted stock grant. The prorated grant will be made on July 1, 2026 and will fully vest on its first anniversary.
Will Shoshana Vernick’s initial cash retainer from Huron (HURN) be prorated?
Yes. The filing states that Ms. Vernick’s initial cash retainer will be prorated to reflect her June 19, 2026 appointment date, aligning her compensation with the partial year of board service following her election.