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[8-K] NXP Semiconductors N.V. Reports Material Event

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NXP Semiconductors N.V. (NXPI) reported two updates. The company issued a press release with its third quarter 2025 financial results, furnished as Exhibit 99.1.

The Board unanimously appointed Rafael Sotomayor as President and CEO, effective October 28, 2025, following the voluntary retirement of Kurt Sievers as CEO and executive director. Mr. Sotomayor’s compensation includes a gross annual base salary of $1,050,000 and a target annual incentive equal to 170% of base salary under the company’s annual incentive plan. He will receive long-term equity awards with a total grant value of $10,500,000, allocated 30% to restricted share units and 70% to performance restricted share units, under terms consistent with other executive officers.

NXP Semiconductors N.V. (NXPI) ha comunicato due aggiornamenti. L'azienda ha emesso un comunicato stampa con i risultati finanziari del terzo trimestre 2025, forniti come Exhibit 99.1.

Il Consiglio ha nominato all'unanimità Rafael Sotomayor come presidente e CEO, con effetto dal 28 ottobre 2025, a seguito del pensionamento volontario di Kurt Sievers come CEO e direttore esecutivo. La retribuzione del signor Sotomayor comprende uno stipendio base annuo lordo di 1.050.000 USD e un incentivo annuo obiettivo pari al 170% dello stipendio base secondo il piano di incentivi annuali dell'azienda. Riceverà premi azionari a lungo termine per un valore totale di 10.500.000 USD, assegnati per il 30% a unità azionarie vincolate e per il 70% a unità azionarie vincolate a prestazioni, secondo condizioni coerenti con quelle di altri dirigenti.

NXP Semiconductors N.V. (NXPI) informó de dos actualizaciones. La empresa emitió un comunicado de prensa con sus resultados financieros del tercer trimestre de 2025, presentados como Exhibit 99.1.

La junta, por unanimidad, designó a Rafael Sotomayor como presidente y CEO, con efecto a partir del 28 de octubre de 2025, tras la jubilación voluntaria de Kurt Sievers como CEO y director ejecutivo. La compensación del Sr. Sotomayor incluye un salario base anual bruto de 1.050.000 USD y una prima anual objetivo equivalente al 170% del salario base bajo el plan de incentivos anual de la empresa. Recibirá premios de acciones a largo plazo por un valor total de 10.500.000 USD, asignados en un 30% a unidades de acciones restringidas y un 70% a unidades de acciones restringidas por desempeño, conforme a términos consistentes con los de otros ejecutivos.

NXP Semiconductors N.V. (NXPI) 두 가지 업데이트를 발표했습니다. 회사는 2025년 3분기 재무 실적을 담은 보도자료를 Exhibit 99.1로 제공했습니다.

이사회는 만장일치로 Rafael Sotomayor를 회장 겸 CEO로 임명했으며, 2025년 10월 28일부로 발효됩니다. Kurt Sievers의 CEO 및 이사회 임원직 자발적 은퇴에 따른 조치입니다. Sotomayor 씨의 보상은 연간 기본급 1,050,000 USD와 기본급의 170%에 해당하는 연간 목표 인센티브를 포함합니다. 또한 1,050만 USD의 총 수여 가치의 장기 주식 보상도 받게 되며, 이 중 30%는 제한 주식으로, 70%는 성과 제한 주식으로 배정되며, 회사의 다른 임원들과 일치하는 조건 하에 지급됩니다.

NXP Semiconductors N.V. (NXPI) a publié deux mises à jour. L'entreprise a publié un communiqué de presse présentant les résultats financiers du troisième trimestre 2025, fournis en tant qu'Exhibit 99.1.

Le conseil d'administration a nommé à l'unanimité Rafael Sotomayor comme président et PDG, avec effet au 28 octobre 2025, suite à la retraite volontaire de Kurt Sievers en tant que PDG et administrateur exécutif. La rémunération de M. Sotomayor comprend un salaire de base annuel brut de 1 050 000 USD et une prime annuelle cible égale à 170 % du salaire de base selon le plan de primes annuel de l'entreprise. Il reçoit également des attributions d'actions à long terme d'une valeur totale de 10 500 000 USD, réparties à 30 % en unités d'actions restreintes et à 70 % en unités d'actions restreintes à performance, selon des conditions conformes à celles des autres cadres.

NXP Semiconductors N.V. (NXPI) veröffentlicht zwei Aktualisierungen. Das Unternehmen hat eine Pressemitteilung mit den Finanzergebnissen des dritten Quartals 2025 veröffentlicht, die als Exhibit 99.1 beigefügt ist.

Der Aufsichtsrat hat einstimmig Rafael Sotomayor zum Präsidenten und CEO ernannt, mit Wirkung vom 28. Oktober 2025, nach dem freiwilligen Rücktritt von Kurt Sievers als CEO und Vorstandsmitglied. Die Vergütung von Herrn Sotomayor umfasst ein jährliches Bruttogrundgehalt von 1.050.000 USD und eine jährliche Zielprämie in Höhe von 170 % des Grundgehalts gemäß dem jährlichen Incentive-Plan des Unternehmens. Er wird langfristige Aktienzuteilungen im Gesamtwert von 10.500.000 USD erhalten, davon 30 % in Restricted Stock Units und 70 % in Performance Restricted Stock Units, zu Bedingungen, die mit denen anderer Führungskräfte übereinstimmen.

أعلنت NXP Semiconductors N.V. (NXPI) عن تحديثين. أصدرت الشركة بياناً صحفياً يتضمن نتائجها المالية للربع الثالث من عام 2025، مقدمة كم Exhibit 99.1.

وافق المجلس بالإجماع على تعيين رافائيل سوتومايور رئيساً تنفيذياً وعضواً منتدباً تنفيذياً، اعتباراً من 28 أكتوبر 2025، عقب التقاعد التطوعي لـ Kurt Sievers من منصبه كمدير تنفيذي وعضو مجلس الإدارة. تتضمن حزمة تعويض السيدة/السيد سوتومايور راتباً أساسياً سنوياً قدره 1,050,000 دولار ومكافأة سنوية هدف تعادل 170% من الراتب الأساسي وفقاً لخطة الحوافز السنوية للشركة. كما سيتلقى جوائز أسهم طويلة الأجل بقيمة إجمالية قدرها 10,500,000 دولار، مقسمة بنسبة 30% إلى وحدات الأسهم المقيدة و70% إلى وحدات الأسهم المقيدة بالأداء، وفقاً لشروط تتوافق مع شروط كبار المدراء الآخرين.

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Insights

Leadership transition finalized; compensation terms disclosed.

NXP confirmed the previously announced CEO transition, effective October 28, 2025. The Board’s unanimous appointment of Rafael Sotomayor and the voluntary retirement of Kurt Sievers indicate an orderly handover.

Disclosed pay elements include a base salary of $1,050,000, a target annual incentive of 170% of base, and long-term equity awards totaling $10,500,000 split 30% RSUs and 70% PRSUs. These structures align CEO incentives with multi‑year performance.

The company also furnished Q3 2025 results via Exhibit 99.1. Actual financial performance details reside in the press release; any impact assessment depends on those figures and future disclosures.

NXP Semiconductors N.V. (NXPI) ha comunicato due aggiornamenti. L'azienda ha emesso un comunicato stampa con i risultati finanziari del terzo trimestre 2025, forniti come Exhibit 99.1.

Il Consiglio ha nominato all'unanimità Rafael Sotomayor come presidente e CEO, con effetto dal 28 ottobre 2025, a seguito del pensionamento volontario di Kurt Sievers come CEO e direttore esecutivo. La retribuzione del signor Sotomayor comprende uno stipendio base annuo lordo di 1.050.000 USD e un incentivo annuo obiettivo pari al 170% dello stipendio base secondo il piano di incentivi annuali dell'azienda. Riceverà premi azionari a lungo termine per un valore totale di 10.500.000 USD, assegnati per il 30% a unità azionarie vincolate e per il 70% a unità azionarie vincolate a prestazioni, secondo condizioni coerenti con quelle di altri dirigenti.

NXP Semiconductors N.V. (NXPI) informó de dos actualizaciones. La empresa emitió un comunicado de prensa con sus resultados financieros del tercer trimestre de 2025, presentados como Exhibit 99.1.

La junta, por unanimidad, designó a Rafael Sotomayor como presidente y CEO, con efecto a partir del 28 de octubre de 2025, tras la jubilación voluntaria de Kurt Sievers como CEO y director ejecutivo. La compensación del Sr. Sotomayor incluye un salario base anual bruto de 1.050.000 USD y una prima anual objetivo equivalente al 170% del salario base bajo el plan de incentivos anual de la empresa. Recibirá premios de acciones a largo plazo por un valor total de 10.500.000 USD, asignados en un 30% a unidades de acciones restringidas y un 70% a unidades de acciones restringidas por desempeño, conforme a términos consistentes con los de otros ejecutivos.

NXP Semiconductors N.V. (NXPI) 두 가지 업데이트를 발표했습니다. 회사는 2025년 3분기 재무 실적을 담은 보도자료를 Exhibit 99.1로 제공했습니다.

이사회는 만장일치로 Rafael Sotomayor를 회장 겸 CEO로 임명했으며, 2025년 10월 28일부로 발효됩니다. Kurt Sievers의 CEO 및 이사회 임원직 자발적 은퇴에 따른 조치입니다. Sotomayor 씨의 보상은 연간 기본급 1,050,000 USD와 기본급의 170%에 해당하는 연간 목표 인센티브를 포함합니다. 또한 1,050만 USD의 총 수여 가치의 장기 주식 보상도 받게 되며, 이 중 30%는 제한 주식으로, 70%는 성과 제한 주식으로 배정되며, 회사의 다른 임원들과 일치하는 조건 하에 지급됩니다.

NXP Semiconductors N.V. (NXPI) a publié deux mises à jour. L'entreprise a publié un communiqué de presse présentant les résultats financiers du troisième trimestre 2025, fournis en tant qu'Exhibit 99.1.

Le conseil d'administration a nommé à l'unanimité Rafael Sotomayor comme président et PDG, avec effet au 28 octobre 2025, suite à la retraite volontaire de Kurt Sievers en tant que PDG et administrateur exécutif. La rémunération de M. Sotomayor comprend un salaire de base annuel brut de 1 050 000 USD et une prime annuelle cible égale à 170 % du salaire de base selon le plan de primes annuel de l'entreprise. Il reçoit également des attributions d'actions à long terme d'une valeur totale de 10 500 000 USD, réparties à 30 % en unités d'actions restreintes et à 70 % en unités d'actions restreintes à performance, selon des conditions conformes à celles des autres cadres.

NXP Semiconductors N.V. (NXPI) veröffentlicht zwei Aktualisierungen. Das Unternehmen hat eine Pressemitteilung mit den Finanzergebnissen des dritten Quartals 2025 veröffentlicht, die als Exhibit 99.1 beigefügt ist.

Der Aufsichtsrat hat einstimmig Rafael Sotomayor zum Präsidenten und CEO ernannt, mit Wirkung vom 28. Oktober 2025, nach dem freiwilligen Rücktritt von Kurt Sievers als CEO und Vorstandsmitglied. Die Vergütung von Herrn Sotomayor umfasst ein jährliches Bruttogrundgehalt von 1.050.000 USD und eine jährliche Zielprämie in Höhe von 170 % des Grundgehalts gemäß dem jährlichen Incentive-Plan des Unternehmens. Er wird langfristige Aktienzuteilungen im Gesamtwert von 10.500.000 USD erhalten, davon 30 % in Restricted Stock Units und 70 % in Performance Restricted Stock Units, zu Bedingungen, die mit denen anderer Führungskräfte übereinstimmen.

أعلنت NXP Semiconductors N.V. (NXPI) عن تحديثين. أصدرت الشركة بياناً صحفياً يتضمن نتائجها المالية للربع الثالث من عام 2025، مقدمة كم Exhibit 99.1.

وافق المجلس بالإجماع على تعيين رافائيل سوتومايور رئيساً تنفيذياً وعضواً منتدباً تنفيذياً، اعتباراً من 28 أكتوبر 2025، عقب التقاعد التطوعي لـ Kurt Sievers من منصبه كمدير تنفيذي وعضو مجلس الإدارة. تتضمن حزمة تعويض السيدة/السيد سوتومايور راتباً أساسياً سنوياً قدره 1,050,000 دولار ومكافأة سنوية هدف تعادل 170% من الراتب الأساسي وفقاً لخطة الحوافز السنوية للشركة. كما سيتلقى جوائز أسهم طويلة الأجل بقيمة إجمالية قدرها 10,500,000 دولار، مقسمة بنسبة 30% إلى وحدات الأسهم المقيدة و70% إلى وحدات الأسهم المقيدة بالأداء، وفقاً لشروط تتوافق مع شروط كبار المدراء الآخرين.

恩智浦半导体公司 N.V.(NXPI)公布了两项更新。公司发布了一份新闻稿,包含其 2025 年第三季度财务业绩,作为 Exhibit 99.1 提供。

董事会一致任命 Rafael Sotomayor 为总裁兼首席执行官,自 2025 年 10 月 28 日起生效,作为 Kurt Sievers 自愿退休后 CEO 与执行董事职务的接任。Sotomayor 先生的薪酬包括年基本工资 1,050,000 美元及按公司年度激励计划的基本工资 170% 的年度目标奖金。他还将获得长期股权奖励,总授予价值 10,500,000 美元,其中 30% 为受限股票单位,70% 为绩效性受限股票单位,条款与其他高级管理人员相一致。

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): October 27, 2025
 
 
NXP Semiconductors N.V.
(Exact name of Registrant as specified in charter)
Netherlands
001-34841
98-1144352
(State or other jurisdiction
of incorporation)
(Commission
file number)
(IRS employer
identification number)
60 High Tech Campus
Eindhoven
Netherlands5656 AG
(Address of principal executive offices)
(Zip code)
+31
40
2729999
(Registrant’s telephone number, including area code)
 
NA
(Former name or former address, if changed since last report)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))







Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Number of each exchange on which registered
Common shares, EUR 0.20 par value
NXPI
The Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
                                            Emerging growth company         

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act           

Item 2.02    Results of Operations and Financial Condition.

On October 27, 2025, NXP Semiconductors N.V. ("NXP") issued a press release regarding NXP’s financial results for its third 
quarter 2025. A copy of the press release is attached as Exhibit 99.1.

The information contained in this Item 2.02, including the attached exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Following the previous announcement on April 28, 2025, Kurt Sievers has voluntarily retired as CEO and executive director of NXP Semiconductors N.V. (the “Company”), effective October 28, 2025. The Company’s Board of Directors (the “Board”) has unanimously appointed Rafael Sotomayor to succeed Mr. Sievers as President and CEO and temporary executive director of the Company effective as of October 28, 2025. A description of the Employment Agreement and Management Agreement related to Mr. Sotomayor’s service as President and CEO and temporary executive director as well as copies of these agreements can be found on the Current Report on Form 8-K filed by the Company on April 28, 2025. In connection with Mr. Sotomayor’s appointment, the Human Resources and Compensation Committee of the Board has determined that Mr. Sotomayor will receive a gross annual base salary of $1,050,000, with a target annual incentive amount of 170% of his base salary under the Company’s annual incentive plan. In connection with Mr. Sotomayor’s appointment as President and CEO, Mr. Sotomayor will be awarded long term incentive equity awards with a total grant value of $10,500,000, 30% in the form of restricted share units and 70% in the form of performance restricted share units, subject to substantially the same terms and conditions (including vesting and performance conditions) as established for other executive officers of the Company.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.
 
99.1
Press release dated October 27, 2025 entitled: "NXP Semiconductors Reports Third Quarter 2025 Results".
104
Cover Page Interactive Data File (formatted as Inline XBRL).





SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 28, 2025
 
NXP Semiconductors N.V.
/s/ William J. Betz
Name: William J. Betz, CFO

Nxp Semiconduct

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