Mobileye Director Departs, New Director Appointed
Ticker: MBLY · Form: 8-K · Filed: Feb 4, 2025 · CIK: 1910139
| Field | Detail |
|---|---|
| Company | Mobileye Global Inc. (MBLY) |
| Form Type | 8-K |
| Filed Date | Feb 4, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-change, executive-compensation
Related Tickers: MBLY
TL;DR
Shashua out, Halpern in at Mobileye board. New exec pay details too.
AI Summary
Mobileye Global Inc. announced on January 29, 2025, the departure of Director Mr. Amnon Shashua and the appointment of Mr. Jonathan M. Halpern as a new director. The company also disclosed compensatory arrangements for certain officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board changes and executive compensation disclosures, which typically carry low immediate risk.
Key Players & Entities
- Mobileye Global Inc. (company) — Registrant
- Amnon Shashua (person) — Departing Director
- Jonathan M. Halpern (person) — Appointed Director
FAQ
What is the effective date of Mr. Shashua's departure?
The filing does not specify an exact effective date for Mr. Shashua's departure, but it is reported as of January 29, 2025.
What is Mr. Halpern's background or expertise?
The filing does not provide details on Mr. Halpern's background or expertise.
Are the compensatory arrangements for officers detailed in this filing?
The filing indicates that compensatory arrangements of certain officers are being disclosed, but the specific details are not included in the provided text.
Was Mr. Shashua's departure voluntary or involuntary?
The filing states Mr. Shashua's departure but does not specify whether it was voluntary or involuntary.
What is the primary business of Mobileye Global Inc.?
Mobileye Global Inc. is in the business of prepackaged software, as indicated by its Standard Industrial Classification code [7372].
Filing Stats: 473 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2025-02-04 16:15:35
Key Financial Figures
- $0.001 — ge on which registered Common Stock ($0.001 Par Value) MBLY Nasdaq Global Select
Filing Documents
- tm255427d1_8k.htm (8-K) — 25KB
- 0001104659-25-009111.txt ( ) — 193KB
- mbly-20250129.xsd (EX-101.SCH) — 3KB
- mbly-20250129_lab.xml (EX-101.LAB) — 33KB
- mbly-20250129_pre.xml (EX-101.PRE) — 22KB
- tm255427d1_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On January 29, 2025, the Board of Directors (the "Board") of Mobileye Global Inc. ("Mobileye") appointed Patrick Bombach as a member of the Board, effective as of January 29, 2025. As of the time of this filing, the Board has not made a final determination regarding the committees of the Board, if any, to which Mr. Bombach will be appointed. There are no family relationships between Mr. Bombach and any director or executive officer of Mobileye. Mr. Bombach does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Mobileye Global Inc. Date: February 4 , 2025 By: /s/ Moran Shemesh Rojansky Moran Shemesh Rojansky Chief Financial Officer 3