---
schema_version: "secwatch.filing_event.v1"
accession: "0001424929-24-000119"
form_type: "8-K"
ticker: "FOXF"
cik: "0001424929"
company_name: "FOX FACTORY HOLDING CORP"
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T08:59:13.689958+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Fox Factory President of Aftermarkets Applications Group departs; severance details disclosed

## Summary
- Thomas L. Fletcher separated as President, Aftermarkets Applications Group effective Aug 1, 2024; termination without cause.
- Severance includes 12 months base salary ($445,000) paid bi-weekly and pro-rata 2024 performance bonus in 2025.
- Fletcher forfeited 9,763 unvested RSUs; 16,874 unvested PSUs eligible for pro-rated payout if performance goals achieved.
- Company retains Fletcher for transition services up to 20 hours/month through Aug 1, 2025; also retains company vehicle.

## SEC filing metadata
- accession: 0001424929-24-000119
- form_type: 8-K
- ticker: FOXF
- cik: 0001424929
- company_name: FOX FACTORY HOLDING CORP
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424929/000142492924000119/0001424929-24-000119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424929/000142492924000119/foxf-20240813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424929-24-000119
- JSON: https://secwatch.observer/filing/0001424929-24-000119.json
- Plain text: https://secwatch.observer/filing/0001424929-24-000119.txt

## Key facts
- Executive change
  Thomas L. Fletcher departed as President, Aftermarkets Applications Group at FOX FACTORY HOLDING CORP.
  - Action: departed
  - Role: President, Aftermarkets Applications Group
  source text: On July 31, 2024, the Board of Directors (the “Board”) of Fox Factory Holding Corp. (the “Company”) approved and announced the departure of Thomas L. Fletcher, President, Aftermarkets Applications Group, effective August 1, 2024 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424929/000142492924000119/0001424929-24-000119-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.