Business Context and Reporting Period
This Form 8-K Current Report was filed by Ichor Holdings, Ltd. on February 19, 2019, covering events occurring on February 12, 2019. The filing primarily addresses corporate governance changes rather than operational or financial performance updates.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is not a financial statement filing and contains no operational financial data.
Material Changes
The material change reported is the appointment of a new director to the Board of Directors.
- Appointment: Laura Black joined the Board of Directors effective February 12, 2019.
- Background: Ms. Black is a Managing Director at Needham & Company and currently serves on the boards of Super Micro Computer and Viavi Solutions Inc.
- Compensation: She will receive an annual retainer of $60,000 and a grant of restricted stock units valued at $150,000, vesting over three years.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document focuses exclusively on the director appointment and associated compensation arrangements.
Investor Verification Checklist
- Verify the effective date of Laura Black's board appointment (February 12, 2019).
- Confirm the total compensation package: $60,000 annual retainer plus $150,000 in restricted stock units.
- Review the attached press release (Exhibit 99.1) for additional context on the appointment.
- Note that no financial performance data is included in this specific filing.