secwatch.observer — SEC 8-K summary
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Issuer:     AMBARELLA INC (AMBA)
CIK:        0001280263
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001193125-25-042642
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Ambarella appoints Chantelle Breithaupt to Board and approves FY2026 bonus plan with 19% larger pool
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- Chantelle Breithaupt, CFO of Arista Networks, appointed independent director effective Feb 25, 2025; Audit Committee member.
- Receives initial RSU award of $150,000 vesting in three quarterly installments; standard director compensation applies.
- FY2026 bonus plan approved; CEO Feng-Ming Wang target 100% of base; other execs 40-75% of base.
- Aggregate target bonus pool 19% larger than prior year; weighted equally on revenue, operating profit, non-financial goals.
- Max payout 167% of target; zero funding below threshold; committee retains discretion to adjust.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280263/000119312525042642/0001193125-25-042642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280263/000119312525042642/d906585d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-042642

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