secwatch.observer — SEC 8-K summary
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Issuer:     Proto Labs Inc (PRLB)
CIK:        0001443669
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0001104659-25-051610
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Protolabs appoints Suresh Krishna as CEO; reaffirms Q2 2025 guidance
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- Suresh Krishna appointed President, CEO, and director effective May 20, 2025, succeeding Robert Bodor.
- Krishna's employment agreement: $800,000 base salary, 100% target bonus, and equity grants totaling $4.4M (RSUs, options, PSUs, inducement awards).
- Robert Bodor departs as CEO and director; consulting agreement through May 25, 2025 at $700/hour.
- Shareholders approved amendment to 2022 LTIP, increasing shares by 296,000; all director nominees elected.
- Q2 2025 outlook reaffirmed: revenue $124M-$132M, diluted EPS $0.11-$0.19, non-GAAP diluted EPS $0.30-$0.38.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1443669/000110465925051610/0001104659-25-051610-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1443669/000110465925051610/tm2515767d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-051610

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