secwatch.observer — SEC 8-K summary
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Issuer:     R F INDUSTRIES LTD (RFIL)
CIK:        0000740664
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001437749-23-006729
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

RF Industries adopts FY2023 cash incentive plan; CEO target 75% of base salary
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- CEO cash bonus target is 75% of base salary; max 112.5%; min 0%.
- Other participants targets range 25-50% of base; max 37.5-75%.
- Bonuses weighted: revenue (30%), adjusted EBITDA (60%), subjective (10%).
- Payment within 75 days after fiscal year end to employed participants.
- Plan covers officers and senior managers; Board retains modification rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740664/000143774923006729/0001437749-23-006729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740664/000143774923006729/rfil20230315_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-006729

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