{"schema_version":"secwatch.filing_event.v1","accession":"0001039399-21-000078","form_type":"8-K","ticker":"FORM","cik":"0001039399","company_name":"FORMFACTOR INC","filed_at":"2021-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.937065+00:00","generated_at":"2026-06-29T00:35:58.581057+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"FormFactor adopts restructuring plan with $8-10.5M charges; expects $3-4M annual savings","bullets":["Charges $8.0-$10.5M GAAP, including $1-1.5M inventory impairments, $3.5-4.5M contract/lease term costs, $2-2.5M facility exit costs, $1-2M severance.","$4.4M of charges expected in Q3 of current fiscal year.","Cash expenditures $6.5-8M; non-cash $1.5-2.5M.","Annual cost reduction of $3-4M once fully implemented; actions largely complete by end Dec 2022.","Consolidating manufacturing facilities for Probe Cards and Systems segments; relocating US locations to new Livermore factory and to Germany/Asia."],"urls":{"canonical":"https://secwatch.observer/filing/0001039399-21-000078","json":"https://secwatch.observer/filing/0001039399-21-000078.json","markdown":"https://secwatch.observer/filing/0001039399-21-000078.md","text":"https://secwatch.observer/filing/0001039399-21-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039399/000103939921000078/0001039399-21-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039399/000103939921000078/form-20210925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T00:35:58.581057+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}