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The company said Kate Hogan was appointed Chief Operating Officer, effective September 1, 2025, succeeding John Walsh, as reported on Form 8-K filed on June 20, 2025.

8-K/ADeparture or Appointment of Directors or Certain Officers (amended)Amended filingFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Kate Hogan was appointed Chief Operating Officer, effective September 1, 2025, succeeding John Walsh, as reported on Form 8-K filed on June 20, 2025.

  2. The company said Hogan's cash compensation will consist of maintaining her current annual base salary of $856,358 and, effective September 1, 2025, a fiscal 2026 target annual bonus of 100% of her base compensation earned during fiscal 2026, with a maximum of 150%.

  3. The company said on July 15, 2025 its Compensation, Culture & People Committee approved equity awards with a total target value of $2,300,000 for Hogan's new role.

  4. The company said it will grant Key Executive Performance Share Program RSUs with a grant-date fair value of $1,700,000 in January 2026, and Performance Equity Award Program RSUs with a grant-date fair value of $600,000 in January 2027, with the final amount based on fiscal 2026 performance.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Kate Hogan named COO effective September 1, 2025

The company said Kate Hogan was appointed Chief Operating Officer, effective September 1, 2025, succeeding John Walsh, as reported on Form 8-K filed on June 20, 2025.

Source · Based on the filing body and exhibits

Base salary of $856,358 kept; fiscal 2026 target bonus 100%

The company said Hogan's cash compensation will consist of maintaining her current annual base salary of $856,358 and, effective September 1, 2025, a fiscal 2026 target annual bonus of 100% of her base compensation earned during fiscal 2026, with a maximum of 150%.

Source · Based on the filing body and exhibits

Equity awards approved with total target value of $2,300,000

The company said on July 15, 2025 its Compensation, Culture & People Committee approved equity awards with a total target value of $2,300,000 for Hogan's new role.

Source · Based on the filing body and exhibits

RSUs of $1,700,000 to be granted in January 2026, $600,000 in January 2027

The company said it will grant Key Executive Performance Share Program RSUs with a grant-date fair value of $1,700,000 in January 2026, and Performance Equity Award Program RSUs with a grant-date fair value of $600,000 in January 2027, with the final amount based on fiscal 2026 performance.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.