Kulicke & Soffa Inds Inc SEC Filings

Kulicke & Soffa Industries (KLIC) reported an insider equity transaction by a director. On November 20, 2025, 1,920 performance share units (PSUs) granted on October 14, 2022, were converted into 1,920 shares of common stock at an exercise price of $0 per share. These PSUs achieved an 8% payout based on the greater of absolute revenue growth or relative performance against direct competitors over a three-year period, and the payout was certified before issuance.

After this conversion, the reporting person beneficially owns 1,161,725 shares of KLIC common stock in direct ownership. Each PSU was convertible into one share of common stock, so this transaction represents a standard performance-based equity vesting rather than an open-market purchase or sale.

Kulicke and Soffa Industries, Inc. files its 2025 Annual Report, outlining a year of strategic refocusing, customer reimbursement gains and continued shareholder returns amid macro uncertainty. The company is exiting its Electronics Assembly (EA) equipment business, with wind-down activities expected to be substantially completed by fiscal 2026, to prioritize core semiconductor assembly opportunities. Following the cancellation of a major advanced display engagement (Project W), a customer agreed to reimburse $86.2 million, with $15.1 million recorded in net revenue and $71.1 million as a gain relating to cessation of business, fully received by March 29, 2025. K&S authorized a new $300 million share repurchase program and bought back about 1,785.0 thousand shares for $66.2 million, while paying total dividends of $0.82 per share. As of October 4, 2025, cash, cash equivalents and short-term investments were $510.7 million and backlog was $245.3 million, against a business still heavily exposed to Asia with about 90.5% of 2025 revenue shipped outside the U.S. and 53.5% to customers headquartered in China.

Kulicke and Soffa Industries, Inc. filed a Form 8‑K to announce that it has issued a press release with financial results for its fourth fiscal quarter ended October 4, 2025. The press release, dated November 19, 2025, is furnished as Exhibit 99.1 and provides the detailed quarterly results.

The company notes that the information under Item 2.02 of this report is furnished rather than filed, which affects how it may be used in other securities law contexts.

Kulicke and Soffa (KLIC) announced a leadership transition. Dr. Fusen Chen will retire as President, CEO, and director effective December 1, 2025, citing health reasons. The Board appointed Lester Wong, the company’s Executive Vice President and CFO, as Interim CEO while it conducts a search for a permanent successor among internal and external candidates.

Dr. Chen will advise the Board for 12 months from the effective date for US$75,000 per month and will receive a pro‑rated annual cash bonus per the Incentive Compensation Plan. Eligible performance share units remain subject to vesting; other unvested RSUs will be forfeited. The company will provide 18 months of health insurance coverage. Mr. Wong, 59, will continue as CFO and receive a S$35,000 monthly stipend during his interim service and S$600,000 in RSUs granted on the effective date, vesting in full on the 1‑year anniversary, subject to continued employment or specified separation terms.

Kulicke & Soffa (KLIC)674 shares of common stock at $39.74 to cover taxes upon the vesting of 2,364 restricted stock units (RSUs).

The filing notes these withheld shares were not issued to or sold by the reporting person. Following the transaction, Chylak directly beneficially owned 29,984 shares.

Kulicke & Soffa Industries (KLIC) reported an insider equity grant. On 10/13/2025, the company’s General Counsel acquired 7,597 shares of common stock at $0, as disclosed on Form 4. Following the transaction, the reporting person directly owns 24,714 shares.

The award vests over time: one-third of the shares vest on each anniversary of the grant date. The filing identifies the reporting person as an officer (General Counsel) and notes direct ownership of the securities.

Kulicke & Soffa Industries (KLIC) reported an insider equity change on Form 4. A Senior Vice President acquired 8,559 shares of common stock on 10/13/2025 at $0, reflecting a time-based vesting schedule. On 10/14/2025, 5,115 shares were acquired at $0 upon the settlement of Performance Share Units (PSUs) via a transaction coded “M.”

Following these transactions, the officer directly beneficially owned 161,207 shares. The PSUs were originally granted on October 14, 2022 and paid out at 82% based on relative total shareholder return over a three-year period; each PSU converted into one common share.

Kulicke & Soffa Industries (KLIC) reported an executive equity vesting and share issuance. Executive Vice President Chan Pin Chong converted 5,375 Performance Share Units to common stock on 10/14/2025 at $0 per share (Transaction Code M). These PSUs were awarded on 10/14/2022 and achieved an 82% payout based on total shareholder return relative to GICS 45301020 semiconductor peers over three years. Following the conversion, the reporting person beneficially owns 52,021 shares directly. Each PSU converted into one share, and shares were issued on 10/14/2025.