SolarEdge Technologies Announces Board Changes

TL;DR

SolarEdge's board is changing: Yoav Galin out, Shiri Ziv and Eyal Ben-Ari in. Board shuffle.

AI Summary

SolarEdge Technologies, Inc. announced on December 27, 2024, the departure of Director, Mr. Yoav Galin. The company also announced the election of Ms. Shiri Ziv and Mr. Eyal Ben-Ari as new directors, effective immediately. These changes are part of the company's ongoing corporate governance adjustments.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future decision-making.

Risk Assessment

Risk Level: low — The filing reports routine board member changes and appointments, which are common corporate events and do not inherently indicate significant financial or operational risk.

Key Players & Entities

• SOLAREDGE TECHNOLOGIES, INC. (company) — Registrant
• Yoav Galin (person) — Departing Director
• Shiri Ziv (person) — Newly Elected Director
• Eyal Ben-Ari (person) — Newly Elected Director
• December 27, 2024 (date) — Date of earliest event reported

FAQ

From the Filing

0001178913-24-004070.txt : 20241230 0001178913-24-004070.hdr.sgml : 20241230 20241230080030 ACCESSION NUMBER: 0001178913-24-004070 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241227 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241230 DATE AS OF CHANGE: 20241230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOLAREDGE TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001419612 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 205338862 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36894 FILM NUMBER: 241586973 BUSINESS ADDRESS: STREET 1: 1 HAMADA STREET CITY: HERZILIYA PITUACH STATE: L3 ZIP: 4673335 BUSINESS PHONE: 972 (9) 957-6620 MAIL ADDRESS: STREET 1: 1 HAMADA STREET CITY: HERZILIYA PITUACH STATE: L3 ZIP: 4673335 FORMER COMPANY: FORMER CONFORMED NAME: SolarEdge Technologies Inc DATE OF NAME CHANGE: 20071128 8-K 1 zk2432498.htm 8-K false 0001419612 0001419612 2024-12-27 2024-12-27   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):  December 27, 2024     SOLAREDGE TECHNOLOGIES, INC (Exact name of registrant as specified in its charter)     Delaware   001-36894   20-5338862 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   1 Hamada Street , Herziliya Pituach , Israel   4673335 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code : 972 ( 9 ) 957-6620   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 Instructions 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(s) Name of each exchange on which registered Common stock, par value $0.0001 per share SEDG The Nasdaq Global Select Market   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 Principal Officers; Election of Directors; Appointment of Principal Officers On December 27, 2024, the Board of Directors (the “Board”) of SolarEdge Technologies, Inc. (the “Company”) appointed Dalia Litay as the Company’s Chief Legal Officer, effective January 1, 2025. Ms. Litay is replacing Ms. Rachel Prishkolnik, the Company’s current VP General Counsel and Corporate Secretary, who, as part of suc