secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ultra Clean Holdings, Inc. (UCTT)
CIK:        0001275014
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001628280-25-038545
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ultra Clean appoints James Xiao as CEO effective Sept 2, 2025; Chris Cook becomes CBO
--------------------------------------------------------------------------------

- James Xiao appointed CEO effective Sept 2, 2025; Clarence Granger steps down as CEO but remains non-executive Chair.
- Xiao base salary $710K, 105% target bonus, $600K sign-on, equity $5M ($2M RSU + $3M annual equity).
- Chris Cook promoted to Chief Business Officer; salary $595K, 85% target bonus, $1.7M RSU one-time award.
- Cook severance: 100% salary & bonus, 12 mo. COBRA, equity vest 12 mo.; change-in-control: 150% plus 24 mo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275014/000162828025038545/0001628280-25-038545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275014/000162828025038545/uctt-20250804.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-038545

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