---
schema_version: "secwatch.filing_event.v1"
accession: "0000915358-25-000012"
form_type: "8-K"
ticker: null
cik: "0000915358"
company_name: "SIGMATRON INTERNATIONAL INC"
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T12:29:40.706737+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SigmaTron enters separation agreement with departing EVP Upadhyaya; $125K cash, option vest

## Summary
- Rajesh Upadhyaya resigned as EVP, West Coast Operations effective April 30, 2025; resignation not related to operations.
- Separation agreement includes $125,000 cash payable in equal installments over 12 months.
- Company pays COBRA premiums for 12 months; unvested stock options from July 2023 grant fully vest.
- Upadhyaya retains company vehicle (2021 BMW, FMV $25,000), cell phone, and laptop.
- Agreement includes 5-year non-disparagement and confidentiality covenants; ADEA waiver with 21-day review and 7-day revocation.

## SEC filing metadata
- accession: 0000915358-25-000012
- form_type: 8-K
- cik: 0000915358
- company_name: SIGMATRON INTERNATIONAL INC
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915358/000091535825000012/0000915358-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915358/000091535825000012/sgma-20250522x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915358-25-000012
- JSON: https://secwatch.observer/filing/0000915358-25-000012.json
- Plain text: https://secwatch.observer/filing/0000915358-25-000012.txt

## Key facts
- Executive change
  Rajesh B. Upadhyaya resigned as Executive Vice President, West Coast Operations at SIGMATRON INTERNATIONAL INC.
  - Action: resigned
  - Role: Executive Vice President, West Coast Operations
  source text: Rajesh B. Upadhyaya resigned as Executive Vice President, West Coast Operations , of SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company (the “Company”), effective as of April 30, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/915358/000091535825000012/0000915358-25-000012-index.htm

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