secwatch.observer — SEC 8-K summary
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Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001424929-24-000119
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492924000119/0001424929-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492924000119/foxf-20240813.htm
  HTML page:      https://secwatch.observer/filing/0001424929-24-000119

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