secwatch.observer — SEC 8-K summary
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Issuer:     PRO DEX INC (PDEX)
CIK:        0000788920
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001079973-24-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Pro-Dex CEO salary raised to $350K; new bonus plan with target range $75K-$300K
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- CEO Richard L. Van Kirk's base salary increased from $305,000 to $350,000 per year, effective next bi-weekly pay period.
- Compensation Committee approved a cash bonus plan for CEO up to $140,000 per fiscal year plus additional bonus based on other business targets.
- Company anticipates Fiscal 2024 cash bonus for CEO in range of $75,000 to $300,000 based on likely achievement of performance metrics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788920/000107997324000018/0001079973-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788920/000107997324000018/pdex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-24-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer