secwatch.observer — SEC 8-K summary
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Issuer:     ADTRAN Holdings, Inc. (ADTN)
CIK:        0000926282
Form:       8-K
Filed at:   2026-08-10T20:06:53+00:00
Accession:  0001193125-26-342359
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADTRAN amends CTO Glingener's pay: €400k salary, bonus 60%, RSU 75%, PSUs through 2028
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- Employment term extended to Dec 31, 2026; annual base salary remains €400,000.
- Annual cash bonus target set at 60% of base; time-based RSU target 75% of base (cap €903,729).
- Long-term financial plan PSU target €903,729 in 3 tranches, tied to 2026-2028 Adjusted EBIT, cap €2,000,000.
- Total annual remuneration capped at €2,800,000; RSU and PSU grants issued Aug 10, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926282/000119312526342359/0001193125-26-342359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926282/000119312526342359/adtn-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-342359

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