secwatch.observer — SEC 8-K summary
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Issuer:     DIODES INC /DEL/ (DIOD)
CIK:        0000029002
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0000950170-23-000826
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diodes SVP Evan Yu to resign Jan 31, 2023; will serve as contractor on subsidiary boards
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- Evan Yu voluntarily resigns as SVP Worldwide Power Products effective close of business Jan 31, 2023.
- From Feb 1, 2023 through Jan 31, 2024, he will work as an at-will part-time contractor representing Diodes on certain subsidiary or affiliated boards.
- He receives $310,000 annual base salary in 12 monthly installments (Feb 2023–Jan 2024) plus continued vesting of time-based RSUs and partial vesting of PSUs.
- For contractor services, he receives $20,000 NT per month (approx. $650 USD) and is allowed to keep company laptop and phone after data wipe.
- Contractor term auto-renews yearly unless either party gives notice by Jan 31; he must sign a release of claims within 30 days after transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29002/000095017023000826/0000950170-23-000826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29002/000095017023000826/diod-20230113.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000826

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