Twenty One Capital names David Goldschmidt director
Twenty One Capital, Inc. adds David J. Goldschmidt to its Board and Audit Committee with a defined annual cash, equity, and committee compensation package.
Rhea-AI Filing Summary
Twenty One Capital, Inc. (XXI) announced that its Board of Directors appointed David J. Goldschmidt to the Board, effective September 8, 2026. His term runs until the 2027 annual general meeting of shareholders or until an earlier termination event. He was also appointed to the Board’s Audit Committee, effective the same date.
Under an Independent Director Agreement, Mr. Goldschmidt will receive an annual cash retainer of $150,000 and an annual award of Class A stock valued at $150,000. He will also receive $20,000 per year for serving on the Audit Committee, payable in monthly cash installments and prorated for partial years, plus reimbursement of reasonable travel and related expenses.
Positive
- None.
Negative
- None.
Insights
Analyzing...
8-K Event Classification
2 items: 5.02, 9.01
2 items
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.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Annual cash retainer: $150,000
Annual Class A stock award: $150,000
Audit Committee member fee: $20,000 per year
+2 more
5 metrics
Annual cash retainer
$150,000
Cash compensation per year for serving as an independent director under the Independent Director Agreement
Annual Class A stock award
$150,000
Value per year of Class A stock awarded to the director under the Independent Director Agreement
Audit Committee member fee
$20,000 per year
Annual cash fee for serving as a member of the Audit Committee, paid monthly and prorated for partial years
Director term end
2027 annual general meeting
Scheduled expiration of David J. Goldschmidt’s Board term unless earlier terminated
Appointment effective date
September 8, 2026
Effective date of David J. Goldschmidt’s appointment to the Board and Audit Committee
Key Terms
Audit Committee, Independent Director Agreement, indemnification agreement, Emerging growth company
4 terms
Audit Committee financial
"the Board appointed Mr. Goldschmidt to the Audit Committee of the Board"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Independent Director Agreement regulatory
"Mr. Goldschmidt entered into an independent director agreement (the “Independent Director Agreement”)"
indemnification agreement regulatory
"the Company’s standard form of indemnification agreement, which was filed as Exhibit 10.10"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What board change did Twenty One Capital, Inc. (XXI) announce on September 8, 2026?
The Board of Twenty One Capital, Inc. appointed David J. Goldschmidt as a director effective September 8, 2026, with his term expiring at the 2027 annual general meeting of shareholders or earlier if he leaves the role.
What committee role will David J. Goldschmidt hold at Twenty One Capital, Inc. (XXI)?
David J. Goldschmidt was appointed to the Audit Committee of the Board of Twenty One Capital, Inc., effective September 8, 2026, and will receive additional cash compensation for this committee service.
How is David J. Goldschmidt compensated as a director of Twenty One Capital, Inc. (XXI)?
Under his Independent Director Agreement, David J. Goldschmidt will receive an annual $150,000 cash retainer and an annual $150,000 award of Class A stock, plus reimbursement for reasonable travel and other out-of-pocket expenses related to his services.
What is the Audit Committee compensation for David J. Goldschmidt at XXI?
For serving as a member of the Audit Committee, David J. Goldschmidt will receive $20,000 per year, paid in cash in equal monthly installments and prorated for any partial year of service on the Audit Committee.
What key agreements did David J. Goldschmidt enter into with Twenty One Capital, Inc. (XXI)?
David J. Goldschmidt entered into an Independent Director Agreement dated September 8, 2026, and the Company’s standard form of indemnification agreement, which is the same form previously filed and described in Twenty One Capital’s Form 10-K.
AI-generated analysis. How Rhea-AI works. Not financial advice.
