{"schema_version":"secwatch.filing_event.v1","accession":"0001424929-26-000061","form_type":"8-K","ticker":"FOXF","cik":"0001424929","company_name":"FOX FACTORY HOLDING CORP","filed_at":"2026-10-16T20:06:27+00:00","discovered_at":"2026-10-16T20:07:00.227057+00:00","generated_at":"2026-10-16T20:07:12.309235+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Fox Factory CEO Dennison steps down; Grimm named Interim CEO as Q3 results miss and FY26 outlook is cut","bullets":["Board named independent director Douglas J. Grimm Interim CEO effective Oct 16, 2026; Mike Dennison stepped down as CEO and from the Board, which shrank from 7 to 6 members.","Grimm's Interim CEO agreement: $1,065,000 annual base salary, $600,000 completion bonus, $2 million RSU target and up to $1.6 million more if service extends past six months.","Preliminary Q3 fiscal 2026 net sales of $336M-$340M vs $355M-$380M guidance; adjusted EBITDA $38M-$42M excluding ~$12M IEEPA tariff refunds, vs $46M-$54M guidance.","FY2026 outlook cut to net sales of $1.35B-$1.38B from $1.42B-$1.47B and adjusted EBITDA of $140M-$150M from $176M-$196M, partly on the Sept 25, 2026 Marucci divestiture.","Board retained Heidrick & Struggles for a permanent CEO search led by Chair Jean Hlay with Tom Duncan and Grimm; Alan Bazaar replaces Grimm as Audit Committee chair."],"urls":{"canonical":"https://secwatch.observer/filing/0001424929-26-000061","json":"https://secwatch.observer/filing/0001424929-26-000061.json","markdown":"https://secwatch.observer/filing/0001424929-26-000061.md","text":"https://secwatch.observer/filing/0001424929-26-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000061/0001424929-26-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000061/foxf-20261015.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-16T20:07:12.309235+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}