secwatch.observer — SEC 8-K summary
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Issuer:     DATA I/O CORP (DAIO)
CIK:        0000351998
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0000351998-23-000016
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data I/O names Gerald Ng VP of Finance, future CFO effective August 16
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- Gerald Ng joins as VP Finance on July 1, 2023; becomes VP & CFO on August 16, 2023.
- Base salary $275,000; incentive target $130,000 under Management Incentive Compensation Plan.
- Inducement grants: 75,000 RSUs vesting over 4 years; up to 7,500 PSUs based on 2023-2025 revenue growth.
- Ng previously CFO at Kymeta, FUJIFILM SonoSite, and Fluke Networks; also VP Finance at Spiration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351998/000035199823000016/0000351998-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351998/000035199823000016/f8k-2023gerryng.htm
  HTML page:      https://secwatch.observer/filing/0000351998-23-000016

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