secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001406666-24-000032
Event type: leadership
Sentiment:  positive
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calix appoints former Bell Canada vice chairman Wade Oosterman to board
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- Board size increased from 8 to 9; Oosterman appointed Class II director through 2027 annual meeting.
- Oosterman receives $50,000 annual retainer plus pro-rated committee fees and 7,317 stock options vesting in 1 year.
- Former Vice Chairman of Bell Canada and President of Bell Media (BCE); also serves on boards of STGW, TDS.
- CEO Michael Weening cites Oosterman's past leadership in transforming Bell Mobility from decline to growth.
- Effective August 8, 2024; standard indemnification agreement executed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000140666624000032/0001406666-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000140666624000032/calx-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001406666-24-000032

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