Kulicke & Soffa Executive Compensation Details Released

TL;DR

KULICKE & SOFFA DEF 14A OUT: Executive comp details for FY24, equity awards, and dividends disclosed.

AI Summary

Kulicke & Soffa Industries Inc. filed a DEF 14A on January 23, 2025, detailing executive compensation for the fiscal year ending September 28, 2024. The filing includes information on equity awards granted, outstanding awards, and changes in their fair value, as well as dividends or other earnings paid on equity awards. Specific dollar amounts and dates related to these compensation components are provided within the detailed tables.

Why It Matters

This filing provides transparency into how Kulicke & Soffa compensates its top executives, which can influence investor decisions and perceptions of the company's governance and financial health.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing providing information on executive compensation and is not indicative of immediate financial risk.

Key Players & Entities

• KULICKE & SOFFA INDUSTRIES INC (company) — Filer of the DEF 14A
• 2024-09-28 (date) — Fiscal year end for compensation reporting
• 2025-01-23 (date) — Filing date of the DEF 14A

FAQ

Filing Documents

• klic-20250123.htm (DEF 14A) — 895KB
• klic-20250123_g1.jpg (GRAPHIC) — 107KB
• klic-20250123_g10.jpg (GRAPHIC) — 340KB
• klic-20250123_g2.jpg (GRAPHIC) — 81KB
• klic-20250123_g3.jpg (GRAPHIC) — 42KB
• klic-20250123_g4.jpg (GRAPHIC) — 163KB
• klic-20250123_g5.jpg (GRAPHIC) — 136KB
• klic-20250123_g6.jpg (GRAPHIC) — 163KB
• klic-20250123_g7.jpg (GRAPHIC) — 443KB
• klic-20250123_g8.jpg (GRAPHIC) — 205KB
• klic-20250123_g9.jpg (GRAPHIC) — 466KB
• 0000056978-25-000022.txt ( ) — 6357KB
• klic-20250123.xsd (EX-101.SCH) — 1KB
• klic-20250123_htm.xml (XML) — 95KB

— ELECTION OF DIRECTORS

ITEM 1 — ELECTION OF DIRECTORS The board of directors has nominated Ms. Denise Dignam for re-election at the annual meeting to serve until the 2029 annual meeting and until her successor has been duly elected and qualified. Shareholders have the right to cumulate votes in the election of directors (i.e. each shareholder may multiply the number of votes the shareholder is entitled to cast by the total number of directors to be elected and then may cast that number of votes for one candidate or distribute them among some or all candidates). However, since only one director has been nominated for election at the 2025 annual meeting, shareholders will not be able to cumulate their votes in this election of directors. If Ms. Dignam is unable to serve as director at the time of the election, the persons named as proxies in the proxy may vote the proxies for any other individual (or individuals, as applicable) as they may choose, unless the board of directors determines that no director should be elected at the annual meeting. The following tables provide information concerning Ms. Dignam, as well as the other directors of the Company and the executive officers of the Company. In addition to the information presented below regarding each director's and director nominee's specific experience, qualifications, attributes and skills that led the Company to conclude that he or she should serve as a director, we also believe that all of our directors, including Ms. Dignam, have significant leadership experience derived from their professional experience and have a reputation for integrity and honesty and adhere to high ethical standards. The process undertaken by the Company's Nominating and Governance Committee in recommending qualified director candidates is described below under the header "Nominating and Governance Committee" on page 62 . Unless otherwise specified, the directors have held the positions indicated (including directorships) for at least five years. Each perso

View Full Filing

View this DEF 14A filing on SEC EDGAR