FormFactor Inc. Files 8-K: Board & Executive Changes
Ticker: FORM · Form: 8-K · Filed: Aug 12, 2025 · CIK: 1039399
| Field | Detail |
|---|---|
| Company | Formfactor Inc (FORM) |
| Form Type | 8-K |
| Filed Date | Aug 12, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $425,000, $600,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, regulation-fd
Related Tickers: FORM
TL;DR
FORMFACTOR INC (FORM) filed an 8-K on 8/12/25 covering board/exec changes & comp. Nothing major flagged yet.
AI Summary
On August 12, 2025, FormFactor, Inc. filed an 8-K report detailing changes in its board of directors and executive officers, along with updates to compensatory arrangements. The filing also includes Regulation FD disclosures and financial statements/exhibits.
Why It Matters
This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — The filing is routine and primarily concerns corporate governance and executive compensation, with no immediate indication of significant financial distress or operational disruption.
Key Players & Entities
- FormFactor, Inc. (company) — Registrant
- August 12, 2025 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors or executive officers?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers', but the specific details of these changes are not provided in the provided text snippet.
Are there any new compensatory arrangements for certain officers mentioned?
Yes, the filing explicitly lists 'Compensatory Arrangements of Certain Officers' as an item of information, suggesting updates or new arrangements have been disclosed.
What is the significance of the Regulation FD Disclosure item?
This item indicates that the company is making public disclosures that could be considered material non-public information, ensuring fair and simultaneous dissemination to all investors.
What types of financial statements and exhibits are included in this filing?
The filing includes 'Financial Statements and Exhibits', but the specific nature or content of these documents is not detailed in the provided text.
What is FormFactor, Inc.'s principal executive office address?
FormFactor, Inc.'s principal executive offices are located at 7005 Southfront Road, Livermore, CA 94551.
Filing Stats: 869 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2025-08-12 16:18:22
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value FORM Nasdaq Global Select
- $425,000 — he will receive (i) an annual salary of $425,000, (ii) an annual target bonus of 75%, (i
- $600,000 — (iii) a restricted stock unit award of $600,000, and (iv) a performance-based restricte
Filing Documents
- tm2523206d1_8k.htm (8-K) — 32KB
- tm2523206d1_ex99-01.htm (EX-99.01) — 10KB
- tm2523206d1_ex99-1img001.jpg (GRAPHIC) — 5KB
- 0001104659-25-076856.txt ( ) — 214KB
- form-20250812.xsd (EX-101.SCH) — 3KB
- form-20250812_lab.xml (EX-101.LAB) — 33KB
- form-20250812_pre.xml (EX-101.PRE) — 22KB
- tm2523206d1_8k_htm.xml (XML) — 3KB
02. Departure of Directors or Certain Officers; Election
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 8, 2025, Shai Shahar notified FormFactor, Inc. ("FormFactor") of his decision to resign from his role as Senior Vice President and Chief Financial Officer of FormFactor, effective as of August 8, 2025. Mr. Shahar will remain an employee as Senior Vice President, Executive Advisor at FormFactor through December 31, 2025. On August 8, 2025, the Board of Directors of FormFactor appointed Aric McKinnis, FormFactor's Vice President, Corporate Controller, as FormFactor's Senior Vice President and Chief Financial Officer, effective as of August 8, 2025. Mr. McKinnis will also serve as FormFactor's principal financial officer and principal accounting officer. Mr. McKinnis, age 41, joined FormFactor in August 2019, as Senior Director, Corporate Controller and has served as Vice President, Corporate Controller since March 2022. Prior to joining FormFactor, Mr. McKinnis was at MKS Instruments, a provider of technological solutions for advanced manufacturing processes, between May 2014 and August 2019, where he served as Assistant Controller and as Corporate Controller for its Electro Scientific Industries brand. From January 2007 to April 2014, Mr. McKinnis was at Deloitte, where he served in various external audit roles, including Audit Manager. He holds degrees in Business Administration, Spanish, and International Studies from Oregon State University. There is no arrangement or understanding between Mr. McKinnis and any other person pursuant to which he was appointed as an officer of FormFactor. Mr. McKinnis has no family relationship with any director or executive officer of FormFactor, or any person nominated or chosen by FormFactor to become a director or executive officer. In addition, he is not party to any transaction required to be disclosed under Item 404(a) of Regulation S-K. In connection with
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure On August 12, 2025, FormFactor issued a press release announcing the leadership changes described above. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Section 7.01 by reference. The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits The following exhibit is filed herewith and this list is intended to constitute the exhibit index. Exhibit Number Description 99.01 Press Release dated, August 12, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. FORMFACTOR, INC. Date: August 12, 2025 By: /s/ Alan Chan Name: Alan Chan Title: Senior Vice President, Chief Legal Officer and Secretary