secwatch.observer — SEC 8-K summary
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Issuer:     SKYWORKS SOLUTIONS, INC. (SWKS)
CIK:        0000004127
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0000004127-23-000033
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Skyworks approves FY2024 executive incentive plan with target payouts up to 160% of base salary for CEO
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- CEO eligible for cash award of 160% of base salary at target performance, max 2x target.
- CFO eligible for 100% of base salary at target, max 2x target.
- Other NEOs (SVP Tech, Sales, GC) eligible for 80% of base salary at target, max 2x target.
- Metrics based on revenue and non-GAAP operating income for FY2024.
- Compensation Committee may award stock in lieu of cash and adjust for extraordinary items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4127/000000412723000033/0000004127-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4127/000000412723000033/swks-20231214.htm
  HTML page:      https://secwatch.observer/filing/0000004127-23-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer