secwatch.observer — SEC 8-K summary
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Issuer:     ADTRAN Holdings, Inc. (ADTN)
CIK:        0000926282
Form:       8-K
Filed at:   2023-06-01T23:59:59+00:00
Accession:  0001193125-23-158986
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADTRAN extends CFO Dopfer's contract to Dec 2024, sets new compensation for CEO Glingener
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- CFO Ulrich Dopfer's employment extended through Dec 31, 2024; annual base salary set at $410,000 starting May 1, 2023.
- Dopfer eligible for quarterly cash incentive (60% of base), RSUs ($164k annual), TSR-based PSUs ($164k annual), 3-year EBIT PSUs ($1M), and integration bonus tied to synergy targets.
- CEO Christoph Glingener's compensation amendment effective: annual remuneration cap EUR 2.9M; similar variable structure with cash, RSUs, PSUs, and integration bonus.
- Both executives' total annual remuneration capped: Dopfer EUR 2.8M, Glingener EUR 2.9M.
- Glingener's integration bonus includes objectives for IT integration, employee engagement, and engineering site consolidation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926282/000119312523158986/0001193125-23-158986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926282/000119312523158986/d494202d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-158986

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