MKS Instruments Reports Officer Changes and Compensation Details
Ticker: MKSI · Form: 8-K · Filed: Aug 13, 2024 · CIK: 1049502
Sentiment: neutral
Topics: officer-changes, compensation, regulation-fd
Related Tickers: MKSI
TL;DR
MKS INSTRUMENTS (MKSI) filed an 8-K detailing executive officer changes and compensation plans.
AI Summary
MKS Instruments, Inc. filed an 8-K on August 13, 2024, reporting events as of August 5, 2024. The filing primarily concerns the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes Regulation FD disclosures and financial statements/exhibits.
Why It Matters
Changes in key personnel and executive compensation can signal shifts in company strategy or performance, impacting investor confidence and future business operations.
Risk Assessment
Risk Level: medium — Changes in executive officers and compensation can indicate internal shifts that may affect future performance or strategy.
Key Players & Entities
- MKS INSTRUMENTS INC (company) — Registrant
- 0001049502 (company) — Central Index Key
- 042277512 (company) — IRS Number
- MA (company) — State of Incorporation
- 20240805 (date) — Earliest event reported
- August 5, 2024 (date) — Date of earliest event reported
- 20240813 (date) — Filing date
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but the specific positions are not detailed in the provided text.
What is the date of the earliest event reported in this filing?
The earliest event reported is August 5, 2024.
When was this 8-K form filed with the SEC?
This 8-K form was filed on August 13, 2024.
What is the primary business of MKS Instruments, Inc. according to the filing?
MKS Instruments, Inc. is categorized under 'INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823]'.
What other items are covered in this 8-K filing besides officer changes?
The filing also covers 'Regulation FD Disclosure' and 'Financial Statements and Exhibits'.
Filing Stats: 1,477 words · 6 min read · ~5 pages · Grade level 11.9 · Accepted 2024-08-13 09:07:58
Key Financial Figures
- $625,000 — ll (i) receive an annual base salary of $625,000, (ii) beginning in the 2025 calendar ye
- $1,900,000 — or 2025 will have a grant date value of $1,900,000, consisting of 45% time-based restricte
- $1,000,000 — eceive a one-time sign-on cash bonus of $1,000,000 and a one-time sign-on equity award wit
- $1,750,000 — equity award with a grant date value of $1,750,000 in the form of time-based restricted st
Filing Documents
- d759473d8k.htm (8-K) — 33KB
- d759473dex991.htm (EX-99.1) — 6KB
- g759473dsp1a.jpg (GRAPHIC) — 14KB
- g759473dsp2.jpg (GRAPHIC) — 14KB
- g759473g0810000534819.jpg (GRAPHIC) — 9KB
- 0001193125-24-199463.txt ( ) — 214KB
- mksi-20240805.xsd (EX-101.SCH) — 3KB
- mksi-20240805_lab.xml (EX-101.LAB) — 18KB
- mksi-20240805_pre.xml (EX-101.PRE) — 11KB
- d759473d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release Dated August 13, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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. MKS Instruments, Inc. Date: August 13, 2024 By: /s/ Kathleen F. Burke Name: Title: Kathleen F. Burke Executive Vice President, General Counsel & Secretary