secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001406666-25-000010
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Fields not standing for reelection; former NetApp CFO Berry nominated to Calix board
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- Ellie Fields not standing for reelection at May 8, 2025 annual meeting; departure not due to disagreement with Calix.
- Michael Berry, former NetApp CFO, nominated as Class III director; if elected, will serve on Audit and Strategic Committees.
- Berry to receive standard director compensation: $60k annual cash retainer (pro-rated), $200k initial RSU (one-year vest), and annual $200k RSU.
- Fields leaving to focus on building an AI startup.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000140666625000010/0001406666-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000140666625000010/calx-20250321.htm
  HTML page:      https://secwatch.observer/filing/0001406666-25-000010

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