---
schema_version: "secwatch.filing_event.v1"
accession: "0001039399-26-000002"
form_type: "8-K"
ticker: "FORM"
cik: "0001039399"
company_name: "FORMFACTOR INC"
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:00:53.010884+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FormFactor announces restructuring plan to consolidate CA facilities; expects $30-$40M charges

## Summary
- Restructuring consolidates Carlsbad and Baldwin Park facilities; 200–300 employees affected.
- Expected total GAAP charges $30M–$40M: $20–$25M facility impairment/exit, $9–$13M severance, $1–$2M contract termination.
- Cash expenditures of $10M–$15M; non-cash charges of $20M–$25M.
- Actions largely complete by end of December 2026.

## SEC filing metadata
- accession: 0001039399-26-000002
- form_type: 8-K
- ticker: FORM
- cik: 0001039399
- company_name: FORMFACTOR INC
- filed_at: 2026-01-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05, 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/0001039399-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/form-20260105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039399-26-000002
- JSON: https://secwatch.observer/filing/0001039399-26-000002.json
- Plain text: https://secwatch.observer/filing/0001039399-26-000002.txt

## Source-grounded claims
- claim_id: 0f1270ecf22a14566084b3eb7fded1fa67833d53
  claim: FORMFACTOR INC announced a restructuring with charges of Restructuring charges primarily related to impairment of leasehold improvements, facility exits, severance, retention and other employee-related costs, and cont affecting Carlsbad, California and Baldwin Park, California (approximately 200 to 300 employees).
  evidence_excerpt: On January 5, 2026, FormFactor, Inc. (“we”, “the Company” or “FormFactor”) adopted restructuring plans that are intended to better align cost structure and support gross margin improvement to the Company’s target financial model, while also aligning manufacturing capabilities with current and anticipated business needs and the Company's strategic priorities. As part of this restructuring plan, the Company is consolidating the manufacturing facilities located in Carlsbad, California and Baldwin Park, California. As a result, we have incurred, or expect to incur, personnel-related costs to sever or retain approximately 200 to 300 employees. We expect the actions defined under these plans will be largely completed by the end of December 2026, except facilities charges, which may extend beyond that time. The restructuring plans are expected to result in the Company recording restructuring charges in the aggregate amount of approximately $30 to $40 million on a GAAP basis, estimated to be c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/0001039399-26-000002-index.htm

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