---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-24-000026"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T18:17:15.799601+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Data I/O terminates CTO Rajeev Gulati and VP Marketing Michael Tidwell without cause, effective Dec 1, 2024

## Summary
- Rajeev Gulati, VP and CTO, terminated without cause effective Dec 1, 2024; eligible for $127,500 severance (6 months salary).
- Michael Tidwell, VP Marketing and Corporate Business Development, terminated without cause effective same date; eligible for $125,000 severance.
- Severance conditional on signing waiver and release of claims acceptable to the company.
- No successors or replacements announced for either position.

## SEC filing metadata
- accession: 0000351998-24-000026
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199824000026/0000351998-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199824000026/f8k-2024termination.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-24-000026
- JSON: https://secwatch.observer/filing/0000351998-24-000026.json
- Plain text: https://secwatch.observer/filing/0000351998-24-000026.txt

## Key facts
- Executive change
  Rajeev Gulati was terminated as Vice President and Chief Technology Officer at DATA I/O CORP.
  - Action: terminated
  - Role: Vice President and Chief Technology Officer
  source text: Rajeev Gulati, Vice President and Chief Technology Officer of Data I/O Corporation (the “Company”), was terminated without cause effective December 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/351998/000035199824000026/0000351998-24-000026-index.htm
- Executive change
  Michael Tidwell was terminated as Vice President of Marketing and Corporate Business Development at DATA I/O CORP.
  - Action: terminated
  - Role: Vice President of Marketing and Corporate Business Development
  source text: Michael Tidwell, Vice President of Marketing and Corporate Business Development of the Company, was terminated without cause effective December 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/351998/000035199824000026/0000351998-24-000026-index.htm

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