secwatch.observer — SEC 8-K summary
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Issuer:     Fulgent Genetics, Inc. (FLGT)
CIK:        0001674930
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001564590-22-012215
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fulgent Genetics adopts executive clawback policy for incentive compensation misconduct
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- Policy applies to Section 16 officers; covers equity awards and cash incentives granted on/after March 28, 2022.
- Recoupment triggered by Committee finding of serious misconduct causing material legal/policy violation with significant harm.
- No recoupment after change in control or for awards granted more than 3 years before first triggering event.
- Company may also recoup compensation as required by law or exchange rules; no indemnification for recouped amounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674930/000156459022012215/0001564590-22-012215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674930/000156459022012215/flgt-8k_20220328.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-012215

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