secwatch.observer — SEC 8-K summary
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Issuer:     SKYWORKS SOLUTIONS, INC. (SWKS)
CIK:        0000004127
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0000004127-24-000134
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Skyworks approves FY2025 exec incentive plan; CEO target 160% base salary
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- Compensation Committee approved FY2025 Executive Incentive Plan on Dec 12, 2024.
- Plan ties cash awards to achievement of revenue and non-GAAP operating income targets.
- CEO eligible for 160% of base salary at target; CFO 100%; other named execs 80%.
- Maximum payout is 200% of target if Company exceeds performance metrics.
- Compensation Committee retains discretion to issue common stock in lieu of cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4127/000000412724000134/0000004127-24-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4127/000000412724000134/swks-20241212.htm
  HTML page:      https://secwatch.observer/filing/0000004127-24-000134

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