secwatch.observer — SEC 8-K summary
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Issuer:     Enphase Energy, Inc. (ENPH)
CIK:        0001463101
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001463101-22-000010
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Enphase Energy CFO Eric Branderiz to retire; Mandy Yang appointed as successor
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- Eric Branderiz, EVP and CFO, will retire effective Feb 14, 2022; no disagreements with company.
- Mandy Yang, current VP, CAO and Treasurer, appointed CFO effective Feb 15, 2022; will serve as principal financial and accounting officer.
- Branderiz will remain in advisory capacity through June 30, 2022 to assist transition.
- Branderiz receives severance: lump-sum of 12 months base salary plus target bonus, COBRA premiums for 12 months, and accelerated equity vesting.
- Yang's compensation: base salary $350,000, bonus target 75% of base, and 40,000 RSUs vesting over 4 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1463101/000146310122000010/0001463101-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1463101/000146310122000010/enph-20220208.htm
  HTML page:      https://secwatch.observer/filing/0001463101-22-000010

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