false 0001437071 0001437071 2024-10-02 2024-10-02 0001437071 us-gaap:CommonStockMember 2024-10-02 2024-10-02 0001437071 ivr:SeriesBCumulativeRedeemablePreferredStockMember 2024-10-02 2024-10-02 0001437071 ivr:SeriesCCumulativeRedeemablePreferredStockMember 2024-10-02 2024-10-02

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 2, 2024

 

 

 

LOGO

Invesco Mortgage Capital Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Maryland   001-34385   26-2749336

(State or other jurisdiction

of incorporation)

   (Commission
File Number)		  

(IRS Employer

Identification No.)

 

1331 Spring Street N.W., Suite 2500  
Atlanta, Georgia   30309
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (404) 892-0896

n/a

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

  

Trading
Symbol

  

Name of Each Exchange
on Which Registered

Common Stock, par value $0.01 per share   IVR   New York Stock Exchange
7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred Stock   IVR PrB   New York Stock Exchange
7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock   IVR PrC   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 2, 2024, R. Lee Phegley, Jr., Chief Financial Officer of Invesco Mortgage Capital Inc. (the “Company”) notified the Company of his intention to resign from the Company to pursue other opportunities.

On October 7, 2024, the Board of Directors of the Company appointed Mark Gregson as Interim Chief Financial Officer, effective as of such date. Mark Gregson has served as the Global Controller for Invesco Ltd. since 2018. In addition to his controllership responsibilities, he is responsible for Invesco’s corporate public financial reporting, Sarbanes-Oxley and related controls, and its accounting policy teams. Mr. Gregson joined Invesco and the financial industry in 1995. Prior to his current role, he held several positions with Invesco’s Corporate Accounting team. Mr. Gregson earned a BBA degree in accounting from the University of Houston and is a Certified Public Accountant.

Mr. Phegley will provide support for the Company’s transition to the successor Interim Chief Financial Officer during his remaining tenure at Invesco Ltd.

As of the time of the filing of this report, the Company has not entered into any material plans, contracts or arrangements to which Mr. Gregson is a party or in which he participates, or any material amendment, in connection with the appointment described above.

There is no arrangement or understanding between Mr. Gregson and any other persons pursuant to which he was selected as Interim Chief Financial Officer. There are no family relationships between Mr. Gregson and any of the Company’s directors, executive officers or other key personnel reportable under Item 401(d) of Regulation S-K. There are no related party transactions between the Company and Mr. Gregson reportable under Item 404(a) of Regulation S-K.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Invesco Mortgage Capital Inc.
By:  

/s/ John A. Anzalone

  John A. Anzalone
  Chief Executive Officer

Date: October 8, 2024

v3.24.3
Document and Entity Information
Oct. 02, 2024
Document And Entity Information [Line Items]  
Amendment Flag false
Entity Central Index Key 0001437071
Document Type 8-K
Document Period End Date Oct. 02, 2024
Entity Registrant Name Invesco Mortgage Capital Inc.
Entity Incorporation State Country Code MD
Entity File Number 001-34385
Entity Tax Identification Number 26-2749336
Entity Address, Address Line One 1331 Spring Street N.W.
Entity Address, Address Line Two Suite 2500
Entity Address, City or Town Atlanta
Entity Address, State or Province GA
Entity Address, Postal Zip Code 30309
City Area Code (404)
Local Phone Number 892-0896
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Common Stock, par value $0.01 per share
Trading Symbol IVR
Security Exchange Name NYSE
Series B Cumulative Redeemable Preferred Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title 7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred Stock
Trading Symbol IVR PrB
Security Exchange Name NYSE
Series C Cumulative Redeemable Preferred Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock
Trading Symbol IVR PrC
Security Exchange Name NYSE
Invesco Mortgage Capital (NYSE:IVR-C)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Invesco Mortgage Capital Charts.
Invesco Mortgage Capital (NYSE:IVR-C)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Invesco Mortgage Capital Charts.