---
schema_version: "secwatch.filing_event.v1"
accession: "0000056978-26-000036"
form_type: "8-K"
ticker: "KLIC"
cik: "0000056978"
company_name: "KULICKE & SOFFA INDUSTRIES INC"
filed_at: "2026-10-14T13:14:45+00:00"
generated_at: "2026-10-14T13:16:14.729003+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# K&S replaces Net Income/Operating Margin with Operating Profit/Gross Margin in FY2027 incentive plan

## Summary
- MDCC approved amended and restated Incentive Compensation Plan on Oct 13, 2026, effective fiscal 2027 (Oct 4, 2026); prior Net Income and Operating Margin measures dropped.
- Corporate funding now 50/50 Operating Profit and Gross Margin; funding scales range 0%-200% of target with interpolation between threshold, target and maximum.
- If only one of the two thresholds is achieved, funding is capped at 50% of the plan; if neither threshold is achieved, the plan does not fund and there is no payout.
- FY2027 ELT awards are 85% corporate financial performance and 15% individual strategic goals; ELT awards were previously based solely on corporate performance.
- BU scorecards may be tailored by CEO/CFO/GM committee to each unit's growth phase; awards are cash-paid and subject to the Company's Clawback Policy.

## SEC filing metadata
- accession: 0000056978-26-000036
- form_type: 8-K
- ticker: KLIC
- cik: 0000056978
- company_name: KULICKE & SOFFA INDUSTRIES INC
- filed_at: 2026-10-14T13:14:45+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56978/000005697826000036/0000056978-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56978/000005697826000036/klic-20261013.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056978-26-000036
- JSON: https://secwatch.observer/filing/0000056978-26-000036.json
- Plain text: https://secwatch.observer/filing/0000056978-26-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.