secwatch.observer — SEC 8-K summary
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Issuer:     ADTRAN Holdings, Inc. (ADTN)
CIK:        0000926282
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001193125-26-145496
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADTRAN Holdings revises CEO comp: eliminates market-based PSUs, adopts long-term plan with TSR modifier
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- CEO Stanton's amended agreement eliminates annual market-based PSU and adjusts long-term plan to include TSR modifier on Adjusted EBIT target.
- PSU awards granted to CEO (170,723 target shares), CRO Wilson (24,908), CFO Santo (28,252) for 2026-2028 period.
- Performance objective is Adjusted EBIT (undisclosed target for 100% payout) with payout adjusted by -20% to +20% based on relative TSR.
- No future annual market-based PSU awards (relative TSR) will be granted to named executive officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926282/000119312526145496/0001193125-26-145496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926282/000119312526145496/adtn-20260401.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-145496

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